Bitcoin Price Prediction – Why is BTC Down and Where is the Next Support?
Bitcoin has experienced a significant decline in its value over the past few days, prompting concerns among investors and traders.
The market is currently trying to gauge the reasons behind this decline and determine where the following support for the cryptocurrency may lie.
In this article, we will examine the factors contributing to the recent drop in Bitcoin's price and explore potential support levels for the cryptocurrency.Recently, there has been a growing trend of banks in the UK cracking down on cryptocurrency purchases.
As the popularity of Bitcoin and other digital assets continues to rise, several banks have taken steps to limit their customers' ability to purchase these assets.Among the UK's biggest banks, Nationwide and HSBC have implemented daily limits for buyers or restricted credit cards from making crypto purchases.
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