Crypto investors are bracing for impact as crypto analysts warn that the current market pressure may be far from over, with bitcoin and other major digital assets facing lower price targets.

Crypto analyst and Youtuber, Crypto World, describes his visions and expectations for the price of bitcoin in the upcoming days. In the past three weeks, bitcoin has been on a bearish run from $25,000 down to $20,000 marking an 8.5% decline in the past 24 hours.

Bitcoin falls with broader risk appetite

Crypto World notes that on a 3-day trend, the price of bitcoin has flipped past its bearish signal of $20,000 and proceeds to believe that even more tougher times are ahead. With the western world spiraling towards a recession, bitcoin is also projected to have many rainy months in the red before it recovers.

With the crackdown of the SEC as well as the Go to Source to See Full Article
Author: Bralon Hill

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