Here’s Why Bitcoin Fall Below $80,000 Could Be A Deep Pit – Analyst
In the past few hours, Bitcoin has dropped below $80,000 amid another wave of liquidations as January comes to a rather volatile close. Analysts at Kobeissi note there have been three notable liquidation events in the past 12 hours, resulting in a combined loss of $1.3 billion. Such developments, coupled with a very fearful market after last week’s price slump, have pushed Bitcoin below a key price level. According to the renowned market expert Burak Kesmeci, Bitcoin’s behavior towards this $80,000 price zone holds significant consequences for the market trajectory. Related Reading:....
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