Bitcoin Price Analysis: A Rough Patch on the Horizon?

Hey everyone! Bitcoin is in a bit of a bind lately. It's teetering on the edge of a critical support level at $26,800. If it breaks, we could see it tumble to $26,000. Market sentiment is negative, and investors are pulling out – outflows from Bitcoin investment products hit $33 million recently. Even institutions are showing less confidence. On top of that, miners are selling off their reserves, adding more selling pressure. And let's not forget the declining profitability of mining. It's a tough time for Bitcoin, but remember, it's a volatile market. Stay informed, stay cautious. #Bitcoin #Crypto