1/🧵 Bitcoin's recent price drop reflects a complex interplay of market forces. Outflows from Bitcoin ETFs and a strong dollar have led investors to seek safer assets, contributing to the downward trend. #threadstorm #inleo
1/🧵 Bitcoin's recent price drop reflects a complex interplay of market forces. Outflows from Bitcoin ETFs and a strong dollar have led investors to seek safer assets, contributing to the downward trend. #threadstorm #inleo
2/🧵 Despite the dip, Bitcoin's bull flag pattern suggests a positive long-term outlook, with potential breakouts signaling an upward trajectory. Meanwhile, altcoins gain as Ethereum's SEC probe ends, hinting at a shift in investor interest.
3/🧵 The crypto market's evolution continues as decentralized exchanges rise, challenging centralized platforms to innovate for user retention. This shift towards a trustless ecosystem marks a significant milestone in crypto's mainstream adoption journey.
https://inleo.io/@philden/bitcoins-price-drop-and-the-role-of-centralized-exchanges-kfg