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Bitcoin to Go Below $15,000? Here's What Analysts Think
source link: https://nextbigwhat.com/bitcoin-to-go-below-15000-heres-what-analysts-think/
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Swan Bitcoin Analyst Sam Callahan believes that, based on experience from previous bear markets, it’s possible that Bitcoin could drop more than 80% from its all-time high. That would mean Bitcoin falling as low as $13,800 this cycle.
Last month, Yuya Hasegawa, a cryptocurrency market analyst for Japanese crypto exchange Bitbank, toldthat Bitcoin could plunge to as low as $12,200 during this bear market.
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