Bitcoin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-battles-below-69000-as-market-adjusts/" data-wpel-link="internal">Bitcoin Battles Below $69,000 as Market Adjusts</a><br></p>
<p style="text-align: justify">In the world of <a href="https://en.coin-turk.com/bitcoin-dominance-reaches-highest-level-in-2-years-impact-on-altcoins/" data-wpel-link="internal">Bitcoin</a> and cryptocurrencies, a battle is currently underway. <strong>Bitcoin</strong> has seen prices below $69,000. The price has descended from the $73,000 level. This is being interpreted as the correction that has been much discussed recently.</p> 
<h2 style="text-align: justify" id="bitcoin-price-falls-below-69-000">Bitcoin Price Falls Below $69,000</h2> 
<p style="text-align: justify">As of writing this article, the price of Bitcoin has fallen below $69,000. <strong><a href="https://coin-turk.com/bitcoin-btc-daha-da-dusecek-mi" data-wpel-link="internal">BTC</a></strong> price is recovering and is now trading above the $70,000 level.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-326452 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/btc-coin-turk-com-1-6.png" alt="" width="350" height="189"></p> 
<p style="text-align: justify">With the recent decline, approximately $102 million worth of positions have been liquidated within an hour. Of the liquidated positions, $15 million were in short positions, while $86.6 million were in long positions.</p> 
<h2 id="what-s-next-for-bitcoin">What’s Next for Bitcoin?</h2> 
<p>We may find ourselves asking this question more often. We are at a stage where occasional pullbacks in a bullish market are considered normal. It is well known that during Bitcoin’s historical rise, there have been many pullbacks.</p> 
<p>On the other hand, the flagship cryptocurrency had been in a long-term uptrend. The surge triggered by the approval of spot Bitcoin ETFs is likely to continue. We can tell this from <a href="https://en.coin-turk.com/microstrategy-buys-12000-bitcoins-sp-500-and-dxy-analysis/" data-wpel-link="internal">BTC</a>‘s quick recovery to trade above $70,000.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/bitcoin-battles-below-69000-as-market-adjusts/" data-wpel-link="internal">Bitcoin Battles Below $69,000 as Market Adjusts</a></h5>

Bitcoin Battles Below $69,000 as Market Adjusts

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