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Bitcoin Price Crash To $96,000: How Low Will BTC Go Before The Bottom Is In?
The crypto market has been reeling in recent days, with a sharp sell-off across the board. Bitcoin (BTC), the largest cryptocurrency by market capitalization, has also felt the impact of this downturn. After plummeting to as low as $96,000 yesterday, many investors are left wondering: how much lower will BTC go before finding its bottom?
A closer examination of recent price action suggests that the possibility of further losses cannot be ruled out entirely. In fact, the notion of a possible overshoot has been discussed by market participants and analysts alike.
According to an in-depth analysis conducted by Bitcoinist, this could potentially take us as far down as $93,800 before another uptrend is seen.
Source: bitcoinist.com
