Bloomberg Intelligence Senior Commodity Strategist Mike McGlone reiterates his bearish outlook, believing that in the context of macro-driven risk asset adjustments, Bitcoin could still fall below $10,000. However, several market analysts have questioned this view, suggesting that a drop from the current level of around $70,000 to $10,000 might require extreme shocks such as a global liquidity crisis. Some analysts believe that Bitcoin may fluctuate in the short term between $60,000 and $70,000, and even if it temporarily rises to $80,000, the rebound may be difficult to sustain and could form a new accumulation zone between $30,000 and $40,000. (CoinDesk)

BTC1.53%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin