BTC has plunged to around this cycle's ATL 😓
.. I couldn't imagine that it would plummet to about $60k. It recorded $61k, approximately.
It's literally fuxxing manipulation. There's no bad new. The U.S. and Iran are getting close to an agreement of the end of the war. Nevertheless, big players have dumped!
Whenever bears appear, I got really stressful. Fuxx. The macro environment is not friendly with the crypto market. The Federal Funds Rates are still high. I'm not sure whether the altcoin market will be able to do V-Recovery.
The market is becoming more challenging every day. I thought that by now, there would have been much recovery that would come through the influence the big players.
What micro and macro influences are responsible for this downward trend?