Bitcoin Validates Further Bearish Movement

2 May 2024

In recent days, Bitcoin's price dropped below the $60,000 mark, signaling a strengthening of the bearish trend we've been anticipating. If the price continues to hover around this level for a while longer, it will further confirm the strength of this bearish breakout, potentially attracting more bearish investors. In such a scenario, we could expect Bitcoin to potentially reach $53,000 and even $43,000 in the near future