🚨 Bitcoin Bears 🚨 BTC price could fall below $29,000! 😲

Here's what's happening:

- Struggles to break above $31,800, resulting in a 6.3% correction

- Regulatory concerns on cryptocurrencies persist

- Macroeconomic headwinds in play, with China GDP growth slowing down

📉 BTC futures maintain a 7% premium, but Asia's Tether (USDT) premium declines, signaling increased sell pressure

🔍 What do you think is driving this downside? Share your thoughts in the comments 👇

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