Market Factors Analysis:

Bitcoin's recent price is influenced by several factors:

Profit taking after a strong Q1 rebound 💰💭

Retreat of the banking crisis, reducing risks 🏦✅

Increased regulatory actions by SEC, CFTC, DOJ, and state regulators 🚔📝

Miami Conference impact: mixed market interpretations 🌴📢

Seasonal patterns showing potential summer decline ☀️📉