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#HaveYouUsedGateVaultToday? Bitcoin is facing economic pressures and technical difficulties — will its price see a new decline?
The failure of Bitcoin to break the resistance near $115,800 led to renewed selling pressure.
The technical weakness now aligns with the liquidation of 19 billion dollars and ETF fund flows.
With the rise of gold, macro and geopolitical risks continue to impact the sentiment of the cryptocurrency market.