Is $80K the number Bitcoin is about to reach? After the recent strong "liquidation" event, Bitcoin is still facing rather pessimistic forecasts. An analyst warns that this "sell-off" may not be over, with the possibility that Bitcoin's price could drop further, hitting the $70,000 - $80,000 mark to "wipe out" the last remaining leveraged positions.

Although the market has shown signs of stabilization and some experts believe Bitcoin may have found a local bottom due to excessive selling, the actions of "whales" remain a concerning factor. Large investors (holding 1,000 - 10,000 BTC) are still continuing to sell, making it difficult to confirm a clear trend reversal.

Where will $BTC go in the future? Let's follow along and share your insights!

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