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Why is the Bitcoin (BTC) Price Dropping? Is This Something to Worry About?
Bitcoin has recorded another bearish weekend ahead of Christmas, which is not unusual as cryptocurrency markets often exhibit increased volatility during holidays. The market’s optimism about a possible bull run in 2025 seems to have dissipated, and investors are now assessing the current situation. Despite this pessimism, it remains uncertain whether the Bitcoin price can recover or if the decline will continue.
The recent breakdown of the previously rising parallel channel has raised concerns regarding the potential for further losses. Although some people may consider this a natural fluctuation in the market’s trajectory, others might feel uneasy about the sudden downturn.
Source: coinpedia.org
