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Trader Issues Urgent Bitcoin Alert, Says BTC Will Start ‘Looking Really Bad’ if Critical Support Level Crumbles

Trader Issues Urgent Bitcoin Alert, Says BTC Will Start ‘Looking Really Bad’ if Critical Support Level Crumbles
A cryptocurrency analyst known as DonAlt is warning that Bitcoin may experience a significant drop if it fails to maintain its support level. He suggests that if Bitcoin falls below $80,000, a bearish trend may continue. However, he believes that if Bitcoin can regain support at $98,000 on the weekly chart, it has the potential to initiate a new bull rally. Currently, Bitcoin is trading at $92,483, representing a 2.5% decrease over the last 24 hours.

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