Bitcoin Price Remains at Risk Despite Recent Moves, Indicators Turn Bearish
Bitcoin price extended its losses and traded below the $64,500 level. BTC is correcting losses, but the bears are still in control and aim for more losses.
Today is a crucial day in the cryptocurrency market, as more than $14 billion worth of Bitcoin and Ethereum options are due to expire. Such a huge expiration may result in significant price changes and trading volumes. Currently, Bitcoin is trading at around $85,000, down by 3% from earlier this week.
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