Bitcoin (BTC) has dipped below the $60,000 mark following a period of volatility. The cryptocurrency experienced an 11% correction from last Sunday’s high of $65,103, signifying increased market uncertainty and fear.
This sudden decline in value underscores the concerns among investors regarding the current market conditions and the sustainability of previous gains.
Related analyses indicate potential pathways for Bitcoin’s future, drawing comparisons to past Nasdaq rallies and suggesting possible price targets of $120,000.
