There is a sale in Bitcoin: How long will the decline last?

Bitcoin (BTC), which started to move downwards after hitting $73,800, lost nearly 10 percent of its value in a short time.

Bitcoin (BTC), which has been on an almost uninterrupted rise since $50,000, has finally given a correction. The admiral of the cryptocurrencies, which was sold after testing its short-term peak, dropped the needle to $ 66,698. BTC, which experienced a total decrease of 9.61 percent, naturally brought outflows from altcoins. Will BTC, which is currently trading around $67,800, be able to continue its upward scenario from where it left off? Which levels are important to follow for BTC?

## What price movements can be expected in Bitcoin (BTC)?

BTC, which had the wind behind it with the approval of spot ETFs, reached $ 73,800. However, the swelling in the market, the greed of investors and the liquidity left at low levels brought about a sharp decline in a short time. BTC, which started its downward movement at $ 73,789, lost nearly 10 percent of its value in just a few hours.

In order for the bullish expectations on the BTC side to continue, it must be settled above $ 70,000, which is a critical level both technically and psychologically. Persistence above this level and positive news flow will herald new ATHs. Later, a volume break of $75,000 may start the journey to $80,000.

Factors such as the release of fud news, BTC staying below $70,000, or buyers not establishing previous pressure will continue the bearish scenario. In such a development, a retreat may be observed first to $65,000 and then to the $60,000 band.