Bitcoin Loses Support: Is a Crypto Crash possible by the end of 2024?
Bitcoin loses support as the leading cryptocurrency struggles to maintain key price levels, sparking concerns of a potential crypto crash. With Bitcoin (BTC) experiencing a 3% drop in the last 24 hours, investors are now questioning whether a major correction is around the corner.
The recent profit-taking trend has widened losses, with BTC currently consolidating around $97,000. Although Bitcoin recently broke the critical $100,000 mark, analysts warn that its most important support level is at risk.