BTC is going down because of the stock market and all the FUD about a recession. It also doesn't help that the USD is going up due to all the news. As for a target, I think 20k should be the lowest it can hit.
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It would be very interesting if it drops to 20K. I would like that to happen. Anything can happen in the crypto market, but I don't think it's very possible. Currently, when I look at it in general, institutional investors are buying BTC. It looks like there is another game here.
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