Bitcoin Price Trend Down
This is a US news story, published by CoinGape, that relates primarily to Peter Brandt news.
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Bitcoin price predictionCoinGape
•5 Key Reasons That Could Crash Bitcoin Price to $30,000
60% Informative
Bitcoin (BTC) price shows no signs of revival and is trending lower, with veteran trader Peter Brandt acknowledging a bearish outlook.
Five key reasons could lead to a BTC price crash to $ 30,000 : bearish price structure, uncertain macroeconomic conditions, US election results, bearish on-chain metrics, and a potential Great Recession -styled correction.
However, if upcoming economic data and events surprise positively, BTC price could potentially start a bull run to $ 70,000 or higher.
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40
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26
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32
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