South Korea’s Kospi index plummeted over 12% on March 4, triggering emergency 
circuit breakers as Middle East tensions and artificial intelligence (AI) 
growth concerns sparked a historic sell-off. Circuit Breaker Activated South 
Korea’s stock market endured one of its worst trading days in decades on March 
4 as the benchmark Kospi index plunged more than […]

Trading Halted in Seoul: Kospi Suffers Historic Sell-off Amid Iran War Jitters

Bitcoin’s current price trajectory has left a lot to be desired, with the most 
concern currently being for when the digital asset will hit a bottom. There 
have been countless predictions since the decline began, and yet, Bitcoin 
remains below $70,000. Nevertheless, it has not stopped the barrage of bottom 
calls and price predictions. One of these was shared by crypto analyst Crypto 
Patel, who took to using historical data and performance to track how low the 
BTC price will probably drop before reversing upward. Bitcoin Price Could 
Still Crash To $50,000 In the analysis , Crypto Patel pointed to previous bear 
markets and how far the Bitcoin price had crashed each time before recovering. 
The first of these was the 2018 bear market, when the Bitcoin price had 
crashed 85% after hitting an all-time high of $19,000. Once the crash was over 
and the bottom was established, though, the Bitcoin price would go on to 
record a 350% rally. Related Reading: Blood Moon Affecting Bitcoin Price? Why 
A Surge Above $100,000 Could Be Coming Next on the list was the 2019 crash 
that had triggered a 70% Bitcoin crash. This was a continuation of the bear 
market trend that had begun back in 2018, as profit-taking was the order of 
the day. However, just like before, this bleed would eventually end, and what 
followed was a 1,500% rally that would see the Bitcoin price reach new all- 
time highs. It eventually peaked at $69,000 in 2021 before crashing again. 
Following the 2021 bull market, the year 2022 would kickstart the next bear 
run for the digital asset. With the collapse of crypto giants such as Celsius 
and the FTX crypto exchange, the Bitcoin price witnessed a 78% crash. But once 
again, after hitting a bottom and accumulation ramped up, the BTC price would 
eventually rise 750% to cross $100,000 in the next few years, and eventually 
hit its most recent all-time high of $126,000. Related Reading: Bitcoin Fear 
Has Been This Low Only 2 Times In History, Here’s What Follows Each Time Using 
this trend, the crypto analyst outlines that it is possible that the Bitcoin 
price will drop further to $50,000, to complete a 50% price drop. However, 
despite the bearish prediction, Crypto Patel predicts that the BTC price is 
eventually headed for $220,000, which would be an over 300% increase from 
$50,000. Fully taking the historical performance into account, though, it 
shows that with each bear trend, the Bitcoin price has fallen an average of 
70% each time. Using this, it is likely that the digital asset’s price will 
crash below $40,000, eventually finding support around $37,000, if history 
were to repeat itself. Featured image from Dall.E, chart from TradingView.com

Expert Trader Says Bitcoin Surge To $220,000 Is Coming, But This Will Happen First

Creators posting AI-generated war footage without disclosure risk losing 
access to X’s revenue-sharing program for three months.

X introduces 90-day revenue-sharing ban for undisclosed AI war videos

XRP price is close to confirming a breakout from a multi-week descending 
trendline that could potentially kickstart an uptrend over the coming 
sessions. XRP (XRP) price has dropped nearly 17% from mid-February and nearly 
43% from its year-to-date high of…

Will XRP price rally as it eyes breakout above descending trendline?

BlackRock’s spot Bitcoin ETF drew $322 million in inflows Tuesday, offsetting 
outflows from rival funds including Fidelity and Grayscale.

Cryptocurrency price in BRL