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Why Is Bitcoin’s Decline Accelerating? Mark Yusko Weighs In

Summary

Bitcoin has experienced increased selling pressure and dropped below $75,000. Investor Mark Yusko notes that this recent market decline has broken the previous recovery pattern of higher highs and higher lows. Concerns regarding Strategy potentially being excluded from major indexes have further weakened the overall market trend.

Bitcoin (CRYPTO: BTC) faces renewed selling pressure after breaking below $75,000, with veteran investor Mark Yusko warning that recovery trend has weakened amid concerns over Strategy’s (NASDAQ:MSTR) potential exclusion from major indexes. In an interview with crypto commentator Scott Melker, Yusko said Bitcoin’s latest decline has disrupted the pattern of higher highs and higher lows that had supported its recovery.…

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