Crypto Market Forecasts a Potential 20-30% Bitcoin Drop

Bitcoin’s price dropped unexpectedly to $107,600, marking a significant deviation from expectations. This decline was triggered by recent statements made by the Federal Reserve and has raised concerns about broader sell-offs in the cryptocurrency market. A prominent crypto expert, known as Crypto Seer, predicts a substantial downturn of Bitcoin by up to 20-30%. This prediction stems from their understanding that the recent stock market gains haven’t translated into positive momentum for Bitcoin.