What Will Influence Bitcoin Not To Hold Support In Coming Weeks For A Dip To Occur Below $20k

The beginning of the year has been quite impressive for crypto, has we began to witness some bullish candles which we all had the intention that the market is gradually recovering which to me made more sense because we have wait long for this to happen.

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The previous year wasn’t that rosy for the crypto market at large because we witnessed many odd events that happen during the period, the highlight of them all is the collapse of FTX which was categorized among one of the top leading exchanges in the sector.

This activity saw the crypto market taking another turn in shape has prices began to plummet due to massive sell off of the king crypto.
February wasn’t that impressive as the digital asset bitcoin was struggling to hold support, well it has been projected that there will possibly be a retrace in price has what will influence this is if same situation as that of FTX happens which a veteran crypto analyst Tone Vays says that he won’t be surprised if we end up falling down to $20,000.
Though I don’t think we’re going to fall too much further below $20,000. [That price] is my ultimate buy the dip… Pending some monster catastrophe, like Binance going the way of FTX, I don’t see Bitcoin falling below $20,000.

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I am optimistic that bitcoin will do well this year.

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