The report shows that Bitcoin fell by 1.7% to about $67,000 ahead of the United States Open, tracking weaker equity futures. Meanwhile, Nasdaq 100 Futures experienced a drop of 0.9% and S&P 500 contracts fell by 0.6%.
While the market has shifted into extreme fear levels, analysts believe that BTC might extend its ongoing consolidation phase, with $60,000 considered as the main support. However, further macro shocks are expected to push BTC’s price back toward the $50,000 threshold.
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