RATE Group | Bitcoin (BTC) Price Could Drop to $3,000 if The Following Happens, Says Chris Burniske
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Bitcoin (BTC) Price Could Drop to $3,000 if The Following Happens, Says Chris Burniske

22 Mar Bitcoin (BTC) Price Could Drop to $3,000 if The Following Happens, Says Chris Burniske

Posted at 14:11h in Bitcoin News by

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On March 19, Bitcoin manages to overcome the $6,000 threshold and has been holding above it so far, trading at $6,304 at the time of writing.

Some are carefully talking about a possible resumption of a bullish trend. However, Placeholder partner Chris Burniske reckons that the Bitcoin price may reverse and head in the opposite direction.

If the markets have another global ‘sell everything’ moment, he says, new lows, much deeper ones than those touched last week, could be tested.

‘If global markets freak out again…’

The situation in the global financial system may worsen next week as some fear. Crypto trader @MMcrypto spreads the word that on Monday, some stock markets may actually close down.

Perhaps…

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