Bitcoin May Face Deeper Pullback as It Struggles to Retain December 2024 All-Time Highs 📉
Bitcoin is facing a challenging period as it struggles to maintain its position above key support levels. Analysts are warning of a potential "deeper correction" ahead, suggesting the cryptocurrency may not sustain the heights reached in December 2024.
As price action trends downward, the market sentiment is cautious, reflecting concerns over Bitcoin’s ability to hold its ground in a volatile environment. The looming threat of a more significant pullback underscores the uncertainty and volatility that continue to characterize the cryptocurrency market.
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