Analysts Warn Bitcoin Price Has Further to Fall, Why $6,800 is a Possibility

Just as fast as Bitcoin (BTC) began to rally, the crypto market has begun to falter. In the past week, the leading cryptocurrency has lost approximately 15% since its local peak — $9,100 — as altcoins have posted similar losses.
Since Tuesday’s drop, however, the selling pressure has widely subsided, with Bitcoin finding a semblance of local support in and around $7,700. Despite this short-term reprieve, a number of analysts, from newcomers to market veterans, expect for BTC to