Bitcoin Price Fall – Leverage-Driven Decline, Won’t Last Long

Bitcoin has experienced notable volatility recently, with the crypto king falling to $112,500 twice this month. While this price movement may appear concerning, it’s important to understand the dynamics behind the decline. This drop is largely driven by leveraged positions and is unlikely to last long, given the broader market conditions. Bitcoin Investors Are Not Behind The Decline Futures market activity heavily influences the market sentiment around Bitcoin, while on-chain profit and loss-taking have remained relatively muted during the recent ATH (all-time high) formation and subsequent correction source: https://beincrypto.com/bitcoin-price-fall-leverage-driven-decline-wont-last-long/