Bitcoin's Price Drop: Rebound or More Trouble?
Update: 2025-10-16
Description
Bitcoin's price dipped, triggering a $19B leverage wipeout and cooling ETF demand, but analysts see a potential rebound if it holds between $28.4K and $31.1K. Long-term holders are selling, causing market jitters, yet some experts believe this deleveraging could signal a market bottom, fueled by hopes of central bank easing and future ETF approvals. The recovery depends on renewed confidence and steady ETF inflows amidst global uncertainties.
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