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Here’s why Bitcoin has dropped this weekend, according to BTC analyst

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Bitcoin (BTC) has experienced a significant drop over the weekend , with the cryptocurrency falling below $61,000. This decline has been analyzed as part of a larger consolidation phase that has persisted for the past five months, according to a TradingView post by crypto trading expert RLinda . The analyst attributes the failure to surpass the critical $70,000 resistance and the recent drop in prices to several key factors, both fundamental and technical. Picks for you Ripple prepares to sell 200 million XRP in August, worth $110 million 1 hour ago Bitcoin flashes doom signals; Expect 'much lower' prices 2 hours ago Gold to bre...