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Why Bitcoin Price May Fall Below $60000?

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Bitcoin price fell to hit a 24-hour low of 65,521 as Israel carried out retaliatory attacks against Iran .

US DOJ is allegedly investigating Tether for possible violations of sanctions and anti-money laundering rules.

WSJ claimed the US DOJ to look into whether third parties have used USDT to fund illegal activities such as the drug trade, terrorism, hacking, and money laundering.

Options traders pessimistic on BTC price hitting $ 100 K this year .

Bitcoin price moves in the opposite direction to DXY and Treasury yield.

Traders may await for DXY to stabilize before deciding to invest in Bitcoin .

Bitcoin price falls below $60000 on Tuesday .

Bitcoin is currently trading at $ 8,000 per day.

Bitcoin 's value has dropped from $6,000 to $10,000 on Tuesday morning .