In 2024, Bitcoin's price crashed from a high of $70,000 to around $30,000. Key factors included stringent regulatory actions by major economies and increased market speculation with leveraged trading. Rising interest rates and tighter monetary policies also led investors to seek safer assets. Additionally, several security breaches at major exchanges shook confidence. Panic selling by new investors further amplified the decline. Despite this, Bitcoin's history of resilience suggests potential for future recovery.

Stay alert and maintain your discipline for avoid big losses.

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