Bitcoin Hits Four-Month Low—Will It Drop to $70K Next?
The cryptocurrency market faces a severe downturn as its total value falls to $2.4 trillion, a 10% decline recently. Bitcoin, known as the leading cryptocurrency globally, is down to $74,000, its lowest price point in four months. Prominent crypto analyst Michael van de Poppe believes there may be further volatility ahead. These recent developments have left investors uncertain and anxious about their next moves. Monitoring the market closely is crucial to making informed decisions. Understanding trends can help you navigate through this uncertain terrain and prepare for potential upward movement once the dust settles.