BREAKING
77d 15h ago

Bitcoin Plunges Over 30% in Worst Week Since February as Deutsche Bank Flags Five Key Factors

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

Bitcoin posted its steepest weekly decline since February, sliding over 30% from its prior peak and signaling renewed price volatility in the cryptocurrency market. Traders pointed to a broad risk-off environment and tightening liquidity across asset classes.

Deutsche Bank researchers identify five headwinds behind the move: a risk-off tilt aligning Bitcoin with high-growth equities, Fed policy uncertainty as officials hint December cuts may be delayed, a stalled digital asset regulation process, ongoing institutional outflows, and profit-taking by long-term holders.

Looking ahead, traders should monitor key support levels and regulatory updates as the market seeks clarity on policy direction and legislation. In the near term, disciplined risk management and selective exposure remain prudent for investors.

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