Will Bitcoin Price Hold $60,000? Traders predict Possible Drop to $53,000

Despite favorable US CPI data, Bitcoin crashed nearly 4% on Thursday. This sudden drop, however, is almost undone as BTC shot up 3.68% in the past 12 hours. However, many traders suggest that the short-term volatility could knock Bitcoin price much lower, potentially below $60,000. Technical Analysis Suggests Bitcoin Price to Break Below $60,000 A The post Will Bitcoin Price Hold $60,000? Traders predict Possible Drop to $53,000 appeared first on CoinGape .