Bitcoin Price Could See ‘Extreme’ Crash After Range Breakdown, Fund Manager Warns

The price of the flagship cryptocurrency Bitcoin has recently dropped below its 200-day trendline after hitting a low above the $57,000 mark and losing its key $60,000 support level, sparking concerns of a potentially “extreme” price crash that would see it trade near $40,000. Andrew Kang, co-founder of Mechanism Capital, highlighted parallels between the current

Source: CryptoGlobe