$BTC Bitcoin is facing selling pressure mainly due to macro and market-driven factors rather than a fundamental failure. One key reason is profit-taking—after strong upward moves, short-term traders and whales often lock in gains, causing sharp pullbacks.

Another major factor is global macro uncertainty. Expectations around high interest rates, tighter liquidity, or delays in rate cuts reduce risk appetite, pushing investors away from volatile assets like BTC toward safer options.

ETF-related flows also play a role. If spot Bitcoin ETFs see reduced inflows or temporary outflows, it can trigger bearish sentiment and accelerate selling.

On the technical side, BTC may have broken key support levels, activating stop-losses and liquidating over-leveraged long positions, which increases downside momentum.

BTC

69,736.63

+1.11%