3 explosive signals that Bitcoin is headed for a major plunge! Is $57K next?
Bitcoin [BTC] is up 0.53% in the past 24 hours but trades in a 3% drawdown over the past seven days. The cryptocurrency has struggled to reclaim its initial strength that took it above $80K in mid-May. In fact, a couple of metrics show that Bitcoin price is more likely to drop than reclaim higher levels. However, this prediction is not certain, but when many indicators rhyme, such moves tend to align.