Why has the crypto market rejected Bitcoin at $64K?

Bitcoin’s rejection at the $64,000 mark has raised questions about the dynamics within the cryptocurrency market. Despite its upward momentum, several factors could contribute to this rejection. BTC’s rapid ascent to $64,000 led to an overbought market. Investors began to worry about the sustainability of such high prices without substantial corrections. Bitcoin rejection at $64K […] source: https://www.cryptopolitan.com/why-crypto-market-rejected-bitcoin-at-64k/