Analysts Predict Bitcoin Price Could Crash To $40,000, But There’s Good News
Despite initial expectations of a steady price increase and a robust bull run this year, Bitcoin (BTC) has suffered severe declines, pushing its price below the $60,000 threshold. Due to the cryptocurrency’s prolonged bearish performance, a crypto analyst has warned that Bitcoin could decline even further, predicting a potential crash below $40,000. However, the analyst also provides a silver lining to his bearish outlook, anticipating a major rebound after the decline. Bitcoin May Be Headed For A $40,000 Crash A crypto analyst known as ‘Magog PhD’ took to X (formerly Twitter) on....
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