Bitcoin (BTC) Price Slips Below $100,000 With Death Cross Looming

Bitcoin (BTC) has dropped 5.5% in the past 24 hours, falling below the $100,000 mark, despite a 38% surge in trading volume to $67 billion. The decline stems from bearish signals in key metrics, including the 7-day MVRV Ratio and heightened whale activity, both indicating mounting selling pressure. While BTC’s EMA lines maintain a bullish outlook, a rapid decline in short-term EMAs suggests a... source: https://beincrypto.com/btc-price-below-100k-death-cross/