How Low Can Bitcoin Fall - Samuelpaganoto.com

Last Updated on February 29, 2024 by Paganoto

How Low Can Bitcoin Go? – Forbes Advisor

Bitcoin prices could easily fall to new lows if the macroeconomic environment deteriorates further, experts say.

That’s according to one strategist, who warns the world’s top cryptocurrency is likely to tank as low as $13,000 — an almost 40% drop from …

Bitcoin plunged from $22,738 to below $21,12.34 at 4:00 p.m. ET, according to CoinDesk data. Earlier in the morning, the cryptocurrency …

Generally, in bear markets, ethereum and bitcoin can drop up to 85%, says O. Ethereum hit an all-time high in November 2021 at roughly $4,800, …

What Does This Price Drop Mean for Crypto Investors?

Now, let’s look at the less exciting side of things. While it’s essentially impossible for Bitcoin to hit zero this year, or any time soon, …

Bitcoin and other cryptocurrencies have been in free fall. But just how low will their prices actually go? Bitcoin, which hit a high of $68,000 …

… suggest BTC price may have bottomed, but several traders are still wary that price could fall as low as $10000 in the short-term.

“When the Fed is tight, Bitcoin isn’t the best place to be,” he told Barron’s. “Due to Fed over-tightening, Bitcoin will fall as low as $10,000, …

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.