Bitcoin (BTC) is experiencing a slight decline on Thursday, having dropped more than 7% this week, and it is currently hovering near a key support level. If it closes below this level for an extended period, it could indicate potential further declines. On the other hand, data from BlackRock shows that Bitcoin tends to outperform Gold over the long term during times of geopolitical uncertainty. Additionally, Ki Young Ju, the founder of CryptoQuant, believes that BTC whales are not likely to sell at this moment.
