Will Bitcoin will go down ???
Bitcoin is currently trading at $66,185.07, down 8.85% from the previous close. The market is experiencing a downturn, with some analysts predicting a "crypto winter" due to decreased investor interest and regulatory uncertainty.
..Key Factors Influencing Bitcoin's Price:
- _Institutional Investment:_ Decreased ETF inflows and profit-taking by early investors are contributing to the price drop.
- _Regulatory Environment:_ Uncertainty around cryptocurrency regulations is affecting market sentiment.
- _Market Sentiment:_ Fear and Greed Index shows "Extreme Fear" with a score of 14.
...Price Predictions for 2026:
- Some analysts forecast a range of $75,000 to $225,000, with a potential high of $200,000.
- Others predict a more conservative range of $80,000 to $151,500 .
