Summary
- It was reported that Bitcoin could potentially fall further to the $69,000 level.
- Due to the overall negative market, investors should be cautious.
- Contrary to the optimistic social media atmosphere, it was reported that there is a view that Bitcoin has not yet hit the bottom.

There is an opinion that Bitcoin (BTC) could further drop to the $69,000 level.
On the 9th (local time), Greece.live stated on X, "The price of Bitcoin could fall to the $69,000~$70,000 level," citing the overall negative market situation. It continued, "Despite Bitcoin having already fallen significantly, optimism is rampant on social media," indicating "this suggests that Bitcoin has not yet reached the bottom."

Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Market] Bitcoin breaks below $68,000 as losses deepen](https://media.bloomingbit.io/PROD/news/3a08fe32-6a33-4a62-bb89-4afb5c5399ca.webp?w=250)

![[Market] Bitcoin breaks below $70,000… Korea premium at 0.31%](https://media.bloomingbit.io/PROD/news/74018332-717e-4495-9965-328fe6f56cb4.webp?w=250)

