Over 33,000 BTC, worth about 3.23 billion USD, moved to exchanges, potentially indicating a price decline. This Movement suggests that investors might be preparing for further market downtrends, highlighting increased market volatility and uncertainty.
Crypto experts like Ali Martinez and Peter Brant predict Bitcoin could drop significantly if it falls below key levels. Martinez forecasts a dip to 60,000 USD while Brant points to a notable technical pattern, predicting a potential drop to 70,000 USD if the current bearish trend persists.