Bitcoin drops to fresh lows despite every bullish outcome that traders forecast being confirmed. Are investors’ worries about an artificial intelligence sector bubble adding weakness to BTC?
Key points:
Bitcoin charts suggest downside to $103,800 and a final flush below $100,000 as the most likely outcome in the short term.
Investors are concerned that the CAPEX expansion by Big Tech companies for their AI infrastructure reflects a speculative-driven market.
Read more
If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.
If you want to read more News articles, you can visit our General category.
