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Bitcoin price decline reveals market vulnerability and institutional withdrawal

Bitcoin’s price has plummeted over 12,000 USD within two days, underscoring the market’s fragile condition. Analysts indicate possible further declines towards the mid-80,000 USD range, reinforcing the ongoing bearish trend.

Data shows unprecedented outflows from Bitcoin ETFs, totaling approximately 679 million USD, indicating a strong institutional retreat. Whalemap highlights significant buying interest in the 60,000 USD to 67,000 USD range, offering crucial support for long-term investors.

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