Analysts hold their $250K Bitcoin price target even as BTC falls below $60K

Analysts hold their $250K Bitcoin price target even as BTC falls below $60K

Crypto markets take a turn for the worse after hitting record highs earlier in the week, with Bitcoin down 6% near the $60,000 level. Bitcoin (BTC) briefly fell below $60,000 on Oct. 22 as a correction after all-time highs deepened concerns about the market's strength.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader eyes $56,000 minimum BTC buy-inData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $59,930 on Bitstamp, down another 6% on the day.A rebound took the pair back above the $60,000 mark, but caution remained the name of the game as....


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