Bitcoin Plunges to $17.5K – How Low Can Its Price Go?

The $16K zone will be crucial.

Image: Pixabay

It's now 10 days since Bitcoin broke its All-Time High (ATH), close to $20K. While many thought that the $20K barrier would then be quickly broken, the Bitcoin price has been rejected several times by the $20K.

The $20K is becoming more of a psychological barrier than ever.

Since then, many in the Bitcoin world believe that a healthy correct…