The sharp correction that began on February 23 continued. On February 27, the price of BTC fell by another 8%, reachingdaily low $8531.
As of the morning of February 27, most of the top ten cryptocurrencies are showing negative price results.
According to ForkNews forecasts, in order for the price of Bitcoin to begin recovery, buyers need to gain a foothold above $8,800.
At the time of writing, the cryptocurrency market capitalization is about $250 billion, and the dominance of BTC – 65%.