Cryptocurrency analyst Jason Pizzino believes that Bitcoin is likely to experience further downside and remain below its all-time high of $108,200 for a while. Pizzino points to the support level of $91,750, stating that if Bitcoin breaks below this level, it may fall to the mid to low $80,000s. He warns that if Bitcoin falls below $85,000, the correction could continue even further. Pizzino also notes that Bitcoin has been below its top for 14 days, the longest period in this current move, suggesting that it may take longer to recover from the recent price drop. At the time of writing, Bitcoin is trading at $93,360.



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