October 15, 2026

BTC Below $16,880 Support; Will It Follow a Positive Traction?

BTC Below $16,880 Support; Will It Follow a Positive Traction?
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Although Bitcoin (BTC) and other major coins nosedived due to the FTX collapse in November, some price predictions hold the optimism that BTC will reach $250,000 in 2023.

In a CNBC program, Tim Draper, founder of Draper Venture Network, recently forecasted that BTC will reach $250K in the next year, despite FTX’s collapse. However, this prediction is impossible in the eyes of other analysts, as BTC is not even above $60,000.

The post BTC Below $16,880 Support; Will It Follow a Positive Traction? appeared first on Coin Edition.

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