BTC Price Plunges to 3-Week Low as Analysts Map Out Next Downside Targets

What: BTC price has plummeted to a 3-week low, wiping out over $400 million in long positions in the past 24 hours.
Why: The sudden downturn is attributed to a combination of factors, including shifting market sentiment and increased selling pressure.
Signal: A breakdown below the $**23,000** level could trigger further losses, potentially targeting the $**20,000** support zone.
Target: Analysts are eyeing potential downside targets at $**18,000** and $**15,000**, as the market continues to grapple with uncertainty.
Risk: The risk of a deeper correction remains high, with the potential for a 10-15% decline in the coming days.