Bitcoin Price Plunge to $50,000 Looms as Market Faces Bearish Pressure and Historical Weaknesses

Bitcoin prices experienced a significant drop, falling below $60,000 and reaching a low of approximately $57,000 during trading on July 4. This decline might continue, potentially driving the price down further, possibly even below $50,000, as noted by Markus Thielen, founder and CEO of 10x Research. Thielen emphasized that breaking the $60,000 support level could

Source: CoinOtag