Bitcoin Ready for Another 40% Price Correction As Per This Model
As per the PoW Floor pricing model, the BTC price can further drop by another 40% and under $15,000 levels, reports popular crypto journalist Ali Martinez. As per historical patterns, this would mark the end of bearish trends. Not necessary that the BTC price would drop to the $14,800 level as Bitcoin has very strong support at $20,900. advertisement #Bitcoin | In previous cycles, $BTC has reached the PoW Floor Pricing Model to mark the end of a bearish trend. This level currently sits at $14,800, with strong support looming at $20,900. pic.twitter.com/XZdZ6amgOD — Ali (@ali_charts) August 28, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Trading Bots List 2023 Must Read ...