The post A Top Analyst is Extremely Bearish on Bitcoin; Claims the Price Will Reach $10,000 Soon! appeared first on Coinpedia Fintech News
A fresh bearish wave struck the crypto space and dragged the markets lower by more than 10%. The Bitcoin price plunged from around $29,200 to as low as $25,600, wiping out more than $1 billion from the entire market. Now that the price has recovered slightly, some may believe the correction may have come to an end. However, considering the materialistic figures, the bears could be preparing for a massive move that may compel the BTC price to drop below the 2022 lows.
One of the popular analysts, Tolberti, has been extremely bearish on Bitcoin ever since it faced a huge rejection at $29,200. Moreover, the analyst believes that the BTC price could crash down to $10,000 and also lists the probable reasons for the crash.
As per the analyst, the star crypto is displaying extreme weakness compared to gold or the stock market. Secondly, only Bitcoin face
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