Bitcoin Prediction: Is a Major Correction Inevitable as Market Sentiment Turns Bearish?
Thursday, 25 April 2024, 12:37
Bitcoin Faces Major Correction of 37%
Bitcoin has corrected below the $65,000 support, coinciding with a weakened market risk appetite. Notably, market players have maintained...
Expert Predictions
- Alan Santana has projected a further correction for BTC as market sentiment turns bearish.
- Traders anticipate Bitcoin dropping to $40,000, a significant 37% correction.
Despite sell signals emerging in the market, Standard Chartered Bank remains optimistic about Bitcoin's long-term potential, predicting a rally to $150,000 post-halving.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.