Bitcoin Price Could Plunge Another 50% Before Stabilization
Bitcoin price has already lost more than 60% of its value from its all-time high and analysts expect BTC to make a further price correction before the coin completely stabilizes. Warnings and price crash predictions from analysts along with bans from big banks and social media platforms have significantly impacted cryptocurrency trader’s sentiments.
Bitcoin price recovered slightly from the lows of $6,500 that it hit during the weekend; BTC trades in the range of $7000 today after a death cross pattern failed to create any significant impact on price.
Analysts, however, expect …
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