Bitcoin Price Faces Worst Annual Performance Since 2018 Amid Market Fatigue

Bitcoin (BTC) is on track to record its most challenging year since 2018, with analysts and traders signaling persistent market exhaustion. The leading cryptocurrency has experienced significant volatility and downward pressure throughout the year, erasing gains from the previous bull cycle. Key factors contributing to this trend include aggressive monetary tightening by global central banks, risk-off sentiment in traditional markets, and specific industry crises. Traders anticipate further potential declines, citing a lack of positive catalysts and continued macroeconomic headwinds. This bearish phase underscores the high-risk nature of crypto assets and highlights the market's sensitivity to broader financial conditions. Monitoring support levels and trader sentiment remains crucial for assessing Bitcoin's near-term trajectory.