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Bitcoin just hit a seven-month low below $59,000, down more than 50% from its peak even with inflation hot and global tensions rising. We break down why Bitcoin keeps falling when the usual bullish playbook says it shouldnโt, and why Wall Streetโs shift hit harder than anyone expected.
Watch for the on-chain signals and ETF flows that actually reveal when the real bottom forms, plus the numbers that matter if youโre looking to buy, sell, or hold from here.
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~ TIMESTAMPS ~
00:00 โ Bitcoin Drops Below $59,000
02:03 โ Impact of High Real Yields
04:06 โ Selling Pressure from MicroStrategy and Miners
06:07 โ Identifying Potential Price Floors
08:12 โ Historical Drawdown Comparisons
10:14 โ Identifying Signals for Recovery
~~~~~
๐ Disclaimer ๐
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#crypto #bitcoin #btc