In the last 24 hours, the valuation of the crypto market slightly recovered from $100 billion to $102 billion while the Bitcoin price declined below $3,400. In a span of two days, the price of BTC fell from $3,445 to $3,377 by around 2 percent against the U.S. dollar. Based on the lack of momentum in the price trend of the dominant cryptocurrency, traders expect the market to face more bloodbath before engaging in a strong recovery. $2,000 Before a Big Rebound For Bitcoin According to Murad Mahmudov, the Bitcoin price is likely to drop below the $3,000 support level
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