Recently, the price of Bitcoin has fallen. It was mentioned earlier that due to the severe situation in the Middle East, panic selling has occurred, with a net outflow of over 4.8 billion from ETFs in recent months. BlackRock's IBIT saw withdrawals as high as 400 million in a single day. Additionally, the expectation of a delayed rate cut by the Federal Reserve and the introduction of cash is king by the understanding king have led to a decline in Bitcoin's safe-haven sentiment.

However, there are still supportive positive news recently, with funds returning to institutions. Some institutions have started to accumulate coins, and although they say the dollar index is weakening, it further strengthens the support phase below. The long-term macro sentiment continues to improve. There is still a demand for safe-haven in digital currencies. Currently, it has not fallen below 68000 and is showing signs of rebound. Moving forward, continued low buy operations can be considered.

Suggestion/: Look for buying near 69700 and watch for a break above 72000, after which look for 74500$BTC #OpenAI拟推出桌面超级应用 .