Bitcoin (BTC) price declined over 6% this week until Friday as the escalation of the conflict between Iran and Israel added fuel to this sell-off.
Bitcoin Weekly Forecast: Is BTC sell-off over? Bitcoin price declined over 6% this week until Friday as the escalation of the conflict between Iran and Israel added fuel to this sell-off. The decline was also supported by falling institutional demand for ETFs, which recorded outflows of more than $280 million this week. Some analysts suggest that the rising geopolitical conflicts could further escalate, pushing Bitcoin prices even lower potentially to $55,000.
Three reasons why Solana could see a double-digit decline Solana price appears to have found some support on Friday, recovering slightly from the sharp sell-off registered earlier this week. However, on-chain metrics and technical indicators show increasing chances of a further decline in prices, suggesting that the rebound could be short-lived.
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