Bitcoin price may drop below $64K as veteran raises ‘campaign selling’ alarm

Bitcoin’s price may fall below the $64,000 mark as experienced market participants raise concerns about ongoing ‘campaign selling.’ This trend is driven by miners and US spot ETFs reducing their BTC holdings, which adds selling pressure to the market. The combination of these factors creates a supply surplus during a sensitive downtrend, heightening the risk of a deeper price correction. Traders and investors should monitor these dynamics closely as they could influence Bitcoin’s short-term trajectory significantly.