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Bitcoin Price Today: BTC Risks Falling to $65,000 as Selling Pressure Increases
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
Bitcoin price has dropped nearly 9% in the past seven days as bearish sentiment grows. BTC could fall toward $71,000 and $70,000 before potentially testing $65,000. The decline comes as US political uncertainty, rising inflation, and expectations of higher interest rates weigh on crypto markets. Bitcoin ETF outflows have reached nearly $1.9 billion in November, while whales have sold around 20,000 BTC in the first 12 days of the month. Bitcoin has also broken below the key $75,000 support level and its 200-day EMA, raising concerns about further downside.
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