🔻In two hours, the price of Bitcoin dropped from $71,000 to $68,400, but then recovered to $69,000. Ethereum lost 4.2%, Solana dropped by 6.6%, and Dogecoin saw a 8.7% decline.
🔻It is forecasted that Bitcoin may remain within the current range for several more weeks. This could align with historical halving cycles. Investors are waiting for a breakout of the resistance level to trigger an accelerated cycle and the start of a Bitcoin bull market.