How low can the Bitcoin price go?

Bitcoin’s price is down 6.5% in two days, and validating a bear flag puts the BTC price at risk of a deeper correction.

Bitcoin (BTC) price has declined by more than 6.5% over the last two days after rallying to $88,000 at the beginning of the week.

Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin dropped from a high of $87,500 on March 28 to an intra-day low of $81,900 on March 29.

BTC/USD daily chart. Source: Cointelegraph/TradingView

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