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Crypto market can witness another crash if Bitcoin [BTC] drops below..
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Bitcoin [BTC] has been disappointing investors for quite a few days with its sideways price action. CoinMarketCap’s data revealed that BTC failed to register gains last week as its price dropped by 4%. At the time of writing, BTC was trading at $22,405.25 with a market capitalization of more than $432 billion.
Read Bitcoin’s [BTC] Price Prediction 2023-24
As per the latest report by Santiment, a few analysts believe that BTC ’s price can drop further in the coming days and even touch the $19,500 mark, which is concerning.
The possibility of BTC going down would emerge if it fell below the $22,300 range, the band in which the price has been fluctuating of late.
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