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Analysts continue to target $16,000 as a downside target, so investors must have a contingency plan in place.

Okay, I'll take a break from calling bitcoin down from great heights to say $13,000 now. I need to create a strategy essay that no one will read but will address the question: is crypto a

The lure of quick riches, similar to the dot-com bubble, has led the cryptocurrency market to deviate from reality.

During the last week, Bitcoin investors made the largest loss in history by selling their coins. According to BeInCrypto's analysis of on-chain indicators, the last 6 days resulted in a loss of $19.121 billion in Bitcoin.

According to data from analytics firm Glassnode, investors have sold bitcoin (BTC) holdings worth a record $7.3 billion in the last few days, resulting in the largest dollar-denominated losses in the asset's history.

When it comes to determining how to profit from their bitcoin investment, new investors are often perplexed. People want to make a lot of money from their investments, so they invest in bitcoin. We are all aware that bitcoin is a popular investment among global investors.

After a dramatic loss on Saturday, Bitcoin rebounded as much as 7.6 percent to $20,404 on Sunday, signifying a comeback.

The price of Bitcoin and Ethereum both fell by over 8% in the early hours of June 18, putting them below the feared $20k and $1k thresholds.

As Bitcoin's ancient multi-year barrier level returns with a fury, it feels like 2018 all over again.

On Saturday, the price of bitcoin dipped below $20,000 for the first time since late 2020, signaling that the cryptocurrency selloff is intensifying.