Bitcoin Price Drops Below Warning Levels: Alphractal Forecasts Further Decline

Crypto analytics firm Alphractal has issued a concerning warning regarding Bitcoin’s price action, predicting potential further declines. According to the firm, Bitcoin needs to maintain support above $88,000 to avoid plummeting below key levels. However, as of the current market state, BTC is trading around $87,000. Alphractal’s models suggest that if this support isn’t maintained, the price could reach a potential low of $76,000 and even $66,000.