Crypto Analyst Warns That Bitcoin Could Crash To $42,000 If This Happens
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In a recent price analysis, the crypto analyst DonAlt warns that Bitcoin could plummet to $42,000 if it fails to maintain the $63,000 support level. Despite Bitcoin's recent climb above $60,000, it faces rejection at $63,000. If it doesn't hold, prices could fall to lower support zones of $52,000 and $42,000. Currently, Bitcoin trades at $64,104 despite a 4.44% decline last week. An increase to $70,440 could liquidate $2.4 billion in leveraged short positions.
Source: www.newsbtc.com ↗
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