Here's Why Bitcoin (BTC) Is Dropping: Top Binance Trader Explains

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Bitcoin's price drop raises a lot of questions, and top-tier Binance trader is ready to answer them

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As more people buy these meme coins on leverage , it means less activity on the main Bitcoin market. Without strong buying interest to keep pushing the price up, Bitcoin starts to lose its momentum, and that can lead to a drop in price.Right now, Bitcoin is facing a tough time. The chart shows it is below where lots of traders were trading it recently, which means there is less confidence that it will go back up soon.

 

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