The post Bitcoin (BTC) Price Can Drop To $16k If Fails to Hold This Crucial Level appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideBitcoin (BTC), the globe’s leading cryptocurrency, has failed to maintain its rebound phase and is now selling at a price of $19,000. Following the tremendous drop in Bitcoin price this year, Elon Musk’s Tesla Inc (NASDAQ: TSLA) is suffering a $440 million depreciation on its Bitcoin investments. Tesla placed $1.5 billion of their additional funds …