Experts say that the value of bitcoin (BTC), the leading cryptocurrency, may fall below the $30,000 mark. According to the study, the exchange rate of this digital currency is "in an unstable state."

Analysts emphasize that the fact that the price of BTC has not decreased this week does not guarantee that it will not fall in the coming weeks or months. Experts note that the cryptocurrency market is in a very unstable state, and volatility has increased significantly over the past few weeks. This means that anything can happen.

One of the cryptography experts and the host of the Altcoin Daily channel warns about the impending collapse of bitcoin and suggests possible entry points for investors. He also emphasizes the importance of paying taxes on profits earned from the sale of cryptocurrencies and warns against possible problems with regulators in the future.

As for the current situation in the bitcoin market, the channel presenter agrees with the opinion of expert Chris Barniske. He points out the key role of Fibonacci retracement cycles and notes that the BTC price usually declines after reaching the top of the average cycle. It is predicted that the exchange rate of the main cryptocurrency may fall to the level of $30,000 - $36,000, and possibly lower.

Chris Barniske is known in the cryptocurrency industry as an author and investor. He is the co-founder of Placeholder Ventures, a company specializing in investments in blockchain and digital currencies. This expert also wrote the book "Crypto Assets: The Innovative Investor's Guide to Bitcoin and Beyond", which explores various aspects of cryptocurrencies, including their history, technologies, strategies and risks.