Bitcoin, the world’s leading cryptocurrency, continues to hover just below the critical $60,000 threshold. Despite widespread optimism among market participants, several factors are exerting downward pressure on BTC’s price. Key events, market trends, and regulatory decisions are all playing crucial roles in shaping Bitcoin’s immediate future. This article delves into the forces currently holding Bitcoin’s price below $60,000 and examines whether it can break this barrier before the Bitcoin2024 conference.·
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