Bitcoin Plunges Below $80,000 as Analysts Predict Further Drops to $60,000

Bitcoin has experienced a brutal start to April, with prices plummeting below $80,000. Seasoned analysts predict further drops to the $60,000 target mark, fueled by continued market volatility and bearish sentiment. The cryptocurrency witnessed a significant drop from $83,000 to $75,000 within a day, sparking concerns among experts who see this as only the beginning of the price correction. 📈 A number of analysts have already predicted this downward trajectory based on established technical analysis techniques and market trends. Some even anticipate targets as low as $60,000 before a potential rebound. The cryptocurrency community is closely monitoring these developments, with many expecting a further decline before any significant recovery. 🔍