📉 5 Reasons Behind the Potential Drop to $12k for $BTC 📉
1. Bitcoin Halving: Historically, halving events have led to downward pressure on prices, reaching new lows.
2. Post-ATH Corrections: After hitting new all-time highs, Bitcoin tends to experience significant corrections.
3. Not Yet 2025 Bull Run: The anticipated bull run of 2025 has yet to materialize, possibly contributing to current downward momentum.
4. Altcoins' Lack of Momentum: The lack of significant movements in altcoins may divert attention away from Bitcoin, impacting its price.
5. Whales' Influence: Whales dumping Bitcoin after surpassing key levels, such as $69k, could exert downward pressure on prices.
Remember, consider these factors at your own risk. 🤝
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