FxPro’s Alex Kuptisikevich Warns of Major Sell-Off for Bitcoin

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FxPro trader Alex Kuptisikevich predicts a panic sell-off if Bitcoin closes under the $60,000 level. BTC has largely remained between $60,000 and $70,000 in March. Recent declines can be attributed to the miners’ asset selloffs and fear of tighter crypto regulations. Further, the recent halving has also not provided the expected boost to the market, given the bearish market conditions. The ETFs have also shrunk in the past weeks adding to the market downturn.