Analyst Warns Bitcoin May Not Have Bottomed Yet, Signals Further Downside
Analyst Warns Bitcoin May Not Have Bottomed Yet, Signals Further Downside
Crypto analyst Rekt Capital suggests that Bitcoin (BTC) has not yet reached its bear market bottom. Citing historical market cycles and similarities with the 2022 bear market, the analyst warns of potential additional downside for BTC, indicating there is still room for further declines if past patterns repeat. Article 2 describes a separate financial fraud incident unrelated to cryptocurrency.
Crypto analyst Rekt Capital says Bitcoin (BTC) may not have reached its bear market bottom, arguing that historical market cycles suggest there could still be additional downside ahead. In a new YouTube video, the analyst says the current market shares similarities with Bitcoin’s 2022 bear market while also exhibiting characteristics seen during previous cycles. According […]
The post Analyst Says Bitcoin ‘Not Quite Near Bottom,’ Warns BTC Has Room for Further Downside if History Repeats appeared first on The Daily Hodl.