Sheldon Diedericks predicts Bitcoin may drop to $74,700

According to Twitter user Sheldon Diedericks, Bitcoin is currently facing two support levels. If the price rebounds between $80,000 and $82,000, it may push the price to a new high; if it fails to reach a new high, the price may further drop to the range of $74,000 to $75,000. Currently, market trends need to be observed, and after the adjustment, he expects the Bitcoin price to reach $98,000.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.