For bulls, Bitcoin’s (BTC) daily price action leaves a lot to be desired, and at the moment, there are few signs of an imminent turnaround.
Following the trend of the past six or more months, the current factors continue to place pressure on BTC price:
- Persistent concerns of potential stringent crypto regulation.
- United States Federal Reserve policy, interest rate hikes and quantitative tightening.
- Geopolitical concerns related to Russia, Ukraine and the weaponization of high-demand…
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