Will Bitcoin Price Drop to $19,000?

Adekunle Joshua

Bitcoin's recent performance has shown a struggle to maintain momentum and stay above the $28,000 level

Analyst Bluntz, who accurately predicted Bitcoin's 2018 bear market bottom, asserts that the lowest Bitcoin will ever reach is $15,000

Bluntz acknowledges the possibility of a drop to $19,000 before the next bull market emerges

Bluntz's perspective is grounded in the belief that Bitcoin is presently within a corrective Elliott wave C, potentially leading to a decline to $19,000

Following the completion of wave C, Bitcoin is anticipated to embark on a new cycle marked by a (12345) wave pattern.