The leading cryptocurrency Bitcoin (BTC) is facing seller pressure again as of today. BTC, which has decreased by 2.5% in total in the last 24 hours, is currently trading at $ 60,250.

Many cryptocurrency investors are wondering to what dollar levels Bitcoin will drop if it loses the support of 58 thousand - 60 thousand dollars.

Although it is not possible to predict this decline exactly, it seems possible that if BTC remains below 58 thousand - 60 thousand dollars, it will drop to 52 thousand dollars.

Bitcoin (BTC), which has been trying to hold on to the support level of 58 thousand - 60 thousand dollars for the last 4 days, has not managed to break the seller pressure despite everything.

If Bitcoin falls to 52 thousand dollars in the coming period, it may cause a disaster in altcoins.

Increases in BTC dominance during Bitcoin's decline will cause altcoins to drop another 30% from their bottom levels in the coming days.

Our readers are recommended to minimize the amount of risk in crypto investments in case of possible downward movements.

-Anıl Tufan

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