Bitcoin experienced a 3.3% decline on May 14th and made a retest of the $61,000 level. Despite the bulls’ efforts to surpass $63,500, they have been unsuccessful thus far. Although the long-term perspective suggests an upward movement, the short-term trend is currently on a downward trajectory. Nonetheless, a number of analysts maintain their belief that reaching $70,000 is not too distant. Stay updated with the most recent financial and business news by visiting COINTURK FINANCE.