Analysts Insist Bitcoin Crash Is Not as Bad as It Looks

Bitcoin suffered a price crash in the recent crypto market downturn. Market analysts are weighing in on the intensity of the price shakeup. Several contributing factors triggered the crypto market crash. The weekend crypto crash splashed a bloodbath across the market, leaving almost no asset untouched in the sudden wipeout of $360 billion within a brief period. Bitcoin took a major hit, falling 14% through key support levels to a 25-week low of $49,300.  Bitcoin’s hard plunge has triggered a wave of reactions across the market, and while the majority has been bearish, others maintain a positive outlook. Bitcoin

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