Bitcoin

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<ul class="news-points"> 
 <li><strong>Crypto analyst Crypto Banter says Bitcoin could increase or decline further in the coming days.</strong></li> 
 <li><strong>The analyst says the current bear has spanned 490 days, making it the longest.</strong></li> 
 <li><strong>Bitcoin needs to hold its $24k support to avoid a steeper decline.</strong></li> 
</ul> 
<p>Crypto analyst Miles Deutscher, known as Crypto Banter on YouTube, in a recent <a href="https://www.youtube.com/watch?v=r2d782mfFF4" target="_blank" rel="noopener noreferrer nofollow">post</a>, said the world’s largest cryptocurrency is tittering on the edge of a potential bull run or a much worse bear fall. According to the analyst, Bitcoin’s price actions in the next few days will determine the trend the token will follow.</p> 
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 <div class="wp-block-embed__wrapper"> <iframe title="Risk Is To The Downside! | How Low Could Crypto Go?" width="640" height="360" src="https://www.youtube.com/embed/r2d782mfFF4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe> 
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<p>Notably, the analyst said the current bear market is the longest ever since. Since its start, the bear decline has stretched a cumulative 490 days, making it one of the worst ever seen. While <a href="https://coinedition.com/tag/bitcoin-btc-news/" rel="noopener noreferrer nofollow">Bitcoin</a> has held itself against the selloff pressures, the token gave in this August, becoming a catalyst for a wider market selloff.</p> 
<p>According to Crypto Banter, chart analysis shows that a low of $16k price is still possible. However, if the crypto can hold its $24,000 key support level, then that possibility is reduced.</p> 
<p>Despite the recent sellof…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/crypto-analyst-says-bitcoins-price-could-still-drop-to-16000/">Crypto Analyst Says Bitcoin’s Price Could Still Drop to $16,000</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Crypto Analyst Says Bitcoin’s Price Could Still Drop to $16,000

Coin Edition

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