Analysts Predict Steeper Bitcoin Fall Amid Rising Fear and Altcoin Strength

Bitcoin is sliding deeper into weakness as market veteran Peter Brandt warns that a confirmed bearish pattern could drag the price toward the $58,000 level. The ongoing downturn comes as traders rotate out of BTC BTC - $89653.290 prediction markets turn increasingly pessimistic, and broader market sentiment shifts into extreme fear.

Source: tokenpost.com

Related symbols: BTCUSD

2025-11-20 01:28:02 GMT.

Link to source Join our Telegram channel

Price & Market Data

Price: $89653.290

Volume 24h: $61,031,964,451.61

Market Cap: $1,789,317,672,456.80

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,957,434. The last known price of Bitcoin is 93,486.56060211 USD and is up 0.61 over the last 24 hours. It is currently trading on 12491 active market(s) with $71,716,200,829.03 traded over the last 24 hours. More information can be found at https://bitcoin.org/.