Is Bitcoin price going to crash again?

Bitcoin’s failure to hold above $88,000 raises chance of a liquidity grab below the price range lows as long-term holders are showing new signs of accumulation.

Bitcoin (BTC) tapped $88,700 this week but has since corrected to just below $87,000 on March 27. 

The recent rejection from the $88,000 resistance level raises questions about whether BTC price could drop further over the next few days.

BTC/USD four-hour chart. Source: Cointelegraph/TradingView

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