Bitfinex analysts predict further Bitcoin drop
“We anticipate a further substantial market correction with critical support levels for Bitcoin at $38,000 and $36,000,” the experts write.
In their opinion, such levels are key in assessing the short-term stability of the Bitcoin market.
The company said that a significant decline in unrealized profits occurred at the end of last week, especially among short-term holders. This trend could contribute to a potential increase in sell-off pressure, especially among recent buyers.
