I discuss why the Bitcoin price drop today might decline even further. Based on the moving averages and other pieces of technical/fundamental analysis on Bitcoin price there are some alarming signs for why BTC can continue to crash, which would also perpetuate the crypto crash as a whole.
Using the historical moving average figures and Bitcoin price analysis we can make a Bitcoin price prediction and analyze to what level it’s heading. We should get to a point in the future where Bitcoin’s price doesn’t continue to cause a cryptocurrency market crash.
Will bitcoin crash? Will bitcoin fail? Will bitcoin go up? I suspect eventually we will retrace back to healthy levels according to BTC technical analysis. That is why I’m buying the dips with Bitcoin.