How low can the Bitcoin price go?
Bitcoin is currently forming a weekly bearish engulfing candle, which can precede a price drop to $57,800 and $54,500 support zones. Bitcoin’s (BTC) “Uptober” is off to a rocky start. In the first three days of the month, the BTC price dropped from $66,000 to under $60,000. Moreover, despite Bitcoin’s price three-week general uptrend, it…