🔀Bitcoin price #bitcoin is under severe pressure:

✔After a relatively quiet weekend, Bitcoin #BTC. trended sharply lower over the past 12 hours, with the price of the coin falling to a monthly low of $64,000.

âšȘThese declines coincided with an increase in outflows from Bitcoin ETFs, which pushed the price to a sharp decline.

Over the past week, Bitcoin tried to cross the $70,000 barrier several times, but failed.

đŸ””The latest attempt also came after the release of positive CPI data on Wednesday, which pushed Bitcoin #BTCđŸ”„đŸ”„đŸ”„đŸ”„đŸ”„ to rise from less than $67,000 to $70,000 in a few minutes.