From a fresh BTC price dip as soon as April 16 to a retreat to $40,000 long-term, Bitcoin market observers weigh in on where the market is headed.
Bitcoin (BTC) faces new lower BTC price targets after dropping up to 15% since the weekend.
Traders and analysts are lining up to consider where the market might bottom — and how soon this could occur.
After challenging $61,000, a significant rebound failed to hold for BTC/USD, which now circles $62,000 as of April 16.