Crypto analyst Altcoin Sherpa raised the possibility of Bitcoin crashing to $50,000 and then mentioned that it was just a joke and not likely to happen.
Altcoin Sherpa is cautious about the current market conditions and expects a bounce to happen between the $102,000 and $104,000 range for Bitcoin.
Following Donald Trump's statement about China violating a trade agreement, Bitcoin's price dropped from around $106,000 to as low as $103,100.
Crypto analyst Titan of Crypto suggested that Bitcoin could drop to as low as $102,700 and warned about the importance of not witnessing a reintegration below the current market structure.