Bitcoin To Drop To $20,000? An Eerie Pattern Signals BTC Doom Drop
The year 2024 gave Bitcoin a new price status, propelling it to thrive and reach new highs as the token progressed ahead to sit at $107K. However, market volatility and changing geopolitical narratives continue to batter Bitcoin, which has caused its price momentum to slow down significantly. In this wake, a new price revelation is haunting users, predicting Bitcoin’s drop to $20K. Also Read: Shiba Inu Price Prediction For The End Of 2024: Is SHIB Surging Soon? Will Bitcoin Drop To $20K? Source: Coingeek Bitcoin has slowed down significantly, showing signs of price lethargy. The token is currently sitting at $96K, down from its earlier price ATH of $108K. BTC has noted a downfall of 8% in the last week. The token’s plummeting pace is worrying investors, adding more to their woes. While some have maintained a bullish price stance on Bitcoin, a new pattern indicates that Bitcoin could drop as low as $20K. Per a recent post uploaded by the Kobeissi Letter, Bitcoin prices have long fo...