When the STH recognized price level is surpassed, the probability of a market price correction rises. Historically, Bitcoin falling below this crucial support level has foreshadowed substantial price shifts. In 2018, when Bitcoin’s price dipped below the recognized price of $11,012, the market promptly plummeted to $8,455. A comparable scenario unfolded at the close of 2021, as Bitcoin’s price dropped from $48,962 to $42,306. Access NEWSLINKER for the most recent technology news.
