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Bitcoin's Critical Price Threshold and Potential Market Movements | Flash News Detail | Blockchain.News

Bitcoin's Critical Price Threshold and Potential Market Movements

12/9/2024 4:45:00 PM

Bitcoin's Critical Price Threshold and Potential Market Movements

According to CryptoMichNL, Bitcoin is currently trading at a critical price level. If Bitcoin's price falls below $98,000, it is expected to drop further to $90,000. This decline could trigger a substantial correction or crash in the altcoin markets. However, following this potential downturn, a significant altseason is anticipated. (Source)

Bitcoin Altcoin CryptoMichNL

More from Michaël van de Poppe (@CryptoMichNL): Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast