News: BTC price could potentially drop further by 40%.
The price of BTC might drop another 40%, as reported by cryptocurrency journalist Ali Martinez. According to the Proof of Work (PoW) floor pricing model, BTC's price could go below $15,000. Looking at historical patterns, this could signal the end of the bearish trend. However, BTC might not necessarily fall to $14,800 as there's robust support around $20,900.
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