BTC Price Crashes to $88K: 3 Charts That Show Bitcoin Bull is NOT Over
After a failed attempt to revisit $100K on February 21, Bitcoin (BTC) reversed. As a result, BTC price crashed 11.36% to $88K. The downtrend was exacerbated due to ByBit’s hack, but excessive leverage and cascading liquidations may have pushed Bitcoin even lower. As a result of this sudden crypto market crash, more than $900 million in positions have been wiped as Bitcoin price dropped to $90K. Despite this grim outlook, let’s discuss three Bitcoin charts that suggest the bull run is far from over.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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