Bitcoin Price Prediction as BTC Falls Below $17,000 - How Low Can it Go?

The BTC/USD pair is trading sideways, maintaining a narrow range of $16,750 to $16,900 on December 8, but Bitcoin price prediction remains bearish following the breakout of an upward channel. Bitcoin has dropped 75% this year from its previous high of $69,000. However, the cause of these massive drops could be attributed to various factors. ...