Bitcoin Could Fall Into the $40,000s Before Bottoming: Bitfinex Analysts
Following previous drawdown patterns and time horizons between tops and bottoms, BTC is likely to extend its ongoing decline to the $40,000s.
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Read full articleFollowing previous drawdown patterns and time horizons between tops and bottoms, BTC is likely to extend its ongoing decline to the $40,000s.
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Bitcoin's recent selloff brought it within 10% of its realized price — a line that has marked the bottoming zone in Bitcoin's previous bear markets.