Analysts hold their $250K Bitcoin price target even as BTC falls
![Analysts hold their $250K Bitcoin price target even as BTC falls below $60K](https://i-invdn-com.investing.com/news/Bitcoin_800x533_L_1607601240.jpg)
© Reuters
(BTC) briefly fell below $60,000 on Oct. 22 as a correction after all-time highs deepened concerns about the market’s strength.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $59,930 on Bitstamp, down another 6% on the day.
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