Bitcoin Price Analysis: Can BTC Stabilize or Is a Drop to $63K Next?

Description

Bitcoin’s price has been dropping rapidly over the past few days, with large red candles showing significant bearish momentum. If the market does not rebound soon from the key area it currently finds itself at, things could get much worse for the crypto market. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has been aggressively declining, breaking below the key $90K support zone. This considerable bearish move comes after a lengthy consolidatio...