FxPro Analyst: The BTC market shows signs of seller dominance, and it is expected that the price of Bitcoin will decline again in the short term

ChainCatcher news, FxPro senior market analyst Alex Kuptsikevich stated that the BTC market shows signs of seller dominance, and it is expected that the price of Bitcoin will decline again in the short term, with a potential drop of around $5,000. He added that the current 14-day Relative Strength Index (RSI) no longer indicates oversold conditions, which means there may still be room for further declines in the market, consistent with the recent situation where sellers have dominated in the $60,000 range.