Bitcoin Crash: How Low Can BTC Fall In The Current Market Scenario?
Bitcoin has broken down significantly, falling to a critical level of $79K. At press time, the token seems to be hovering at the $80k price level, showing signs of volatility and fluctuations on the go. BTC’s flickering price effect is spreading mayhem in the market right now. In the middle of this, one expert has predicted a lowest threshold that Bitcoin can hit in the current cycle. Also Read: IRFC Dips To Rs 116: Best Time To Buy the Dip? How Low Can Bitcoin Go? Source: Mail & Guardian (mg.co.za) Bitcoin has noted severe fluctuations in the last 24 hours. The token has been badly hit by changing geopolitical narratives and rising trade war anticipations. Donald Trump has announced a fresh spree of tariffs, levying 25% tariffs on the EU and an additional 10% tariffs on China. This development has hit the global markets, with the cryptocurrency market taking a severe blow. That being said, one analyst, Rager, has predicted a new low for Bitcoin considering the current market momen...