$BTC

The cryptocurrency market is undergoing a period of strong volatility, with Bitcoin dropping from a recent high of $98,000. This decline may be due to a stronger US dollar and the winding down of post-election effects, impacting investor sentiment.

Experts warn of the possibility of a major Bitcoin crash, emphasizing the importance of monitoring key support and resistance levels.

Currently, Bitcoin is facing challenges at a strong resistance area, and many investors are questioning whether this digital currency can break through to reach new highs.

For those considering selling Bitcoin, this may be a time to contemplate, especially if prices continue to drop. However, selling during high volatility also carries risks, and therefore, close attention must be paid to market developments and related macroeconomic factors.