Bitcoin risks plunge to $114K as 'predatory' traders squeeze BTC longs
NegativeCryptocurrency

Bitcoin's price has recently dropped by 4% from its all-time highs, leading analysts to set a new bottom target of $114,000. This decline is attributed to 'predatory' trading practices that are squeezing long positions in BTC. The situation is significant as it highlights the volatility in the cryptocurrency market and the impact of trader behavior on prices, which could affect investor confidence and market stability.
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