Bitcoin's post-halving price struggle continues, with the cu

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Bitcoin's post-halving price struggle continues, with the current price hovering around $62.5k, down from a recent high of $67k. Despite experts estimating the average mining cost to be around $53k per BTC, weak traders with smaller investments often fall victim to market manipulation, selling even with minor price dips of 2 to 5 percent. While Bitcoin remains the most valuable cryptocurrency, its recent price movements defy market expectations. The question arises: how long will this downturn persist? Although Bitcoin's supply is dwindling, will the demand follow suit? Thus far, bears seem to have the upper hand since the halving, but bullish investors remain optimistic for a sustained upward trend. Share your thoughts in the comments below! #Binance #Bitcoin #CryptoTrading

Bitcoin's post-halving price struggle continues, with the current price hovering around $62.5k, down from a recent high of $67k. Despite experts estimating the average mining cost to be around $53k per BTC, weak traders with smaller investments often fall victim to market manipulation, selling even with minor price dips of 2 to 5 percent.
While Bitcoin remains the most valuable cryptocurrency, its recent price movements defy market expectations. The question arises: how long will this downturn persist? Although Bitcoin's supply is dwindling, will the demand follow suit?
Thus far, bears seem to have the upper hand since the halving, but bullish investors remain optimistic for a sustained upward trend. Share your thoughts in the comments below! #Binance  #Bitcoin  #CryptoTrading  