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Analysts say Bitcoin (BTC) price could drop to $70,000 within the next ten days as one BTC pricing model suggests that the US-led trade war could upend investors’ risk Bitcoin fell below $60,000 today, dropping to its lowest point since early May, but it quickly bounced back. What’s next for the digital currency as it fluctuates close to this Bitcoin dipped to as low as $101,899.01 on Monday, backing off the recent $105,000 highs due to a combination of long liquidation pressure, decreased leverage, and Crypto chart analyst Ali Martinez outlines why renowned experts predict Bitcoin could drop to $60,000. Martinez backs up these claims with on-chain statistics. As of now, Bitcoin is hovering just above $87,000, marking a weekly drop of around 7.7% and a 19.6% decline from its all-time high of over $109,000 recorded earlier this Crypto analyst Akademik, who called the Bitcoin price crash early has revealed his total predictions for the flagship crypto’s trajectory in the short and mid-term. Hace 18 horas A closely followed crypto analyst is laying out Bitcoin’s worst-case scenario while also showing how BTC could shoot up to a new all-time high. In a new thread, pseudonymous

Bitcoin Chart Disastrous? Analyst Claims $14,600 Crash Next

Is the Bitcoin bubble about to burst? Experts are sounding the alarm, with some analysts claiming the Bitcoin chart is signaling a potentially disastrous drop. Recent volatility has investors on edge, and one prominent analyst is predicting a staggering fall to $14,600. But is this fear-mongering or a legitimate concern?

Analysts say Bitcoin (BTC) price could drop to $60,000 within the next ten days, fueled by factors like long liquidation pressure and decreased leverage. Crypto chart analyst Ali Martinez outlines why renowned experts predict Bitcoin could drop to $60,000. Martinez backs up these claims with on-chain statistics. This bearish sentiment coincides with concerns that the US-led trade war could upend investors’ risk. As of now, Bitcoin is hovering just above $87,000, marking a weekly drop of around 7.7% and a 19.6% decline from its all-time high of over $109,000 recorded earlier this year.

The volatile nature of Bitcoin has been on full display recently. Bitcoin fell below $60,000 today, dropping to its lowest point since early May, but it quickly bounced back. What’s next for the digital currency as it fluctuates close to this crucial level? This sharp decline follows a period of consolidation, leading many to question the sustainability of Bitcoin's current valuation.

Adding to the uncertainty, Bitcoin dipped to as low as $101,899.01 on Monday, backing off the recent $105,000 highs due to a combination of long liquidation pressure, decreased leverage, and other market pressures. This highlights the fragility of the current market and the potential for further downward movement.

Crypto analyst Akademik, who called the Bitcoin price crash early, has revealed his total predictions for the flagship crypto’s trajectory in the short and mid-term. While some analysts are predicting doom and gloom, a closely followed crypto analyst is laying out Bitcoin’s worst-case scenario while also showing how BTC could shoot up to a new all-time high. In a new thread, pseudonymous experts suggest both possibilities. Hace 18 horas, the analyst's views have been circulating, further fueling the debate and uncertainty surrounding Bitcoin's future. Is the $14,600 prediction realistic, or is this simply a temporary dip before another surge?

Stay tuned for updates as the Bitcoin chart continues to evolve. This developing story requires careful monitoring for all investors.

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