Bitcoin To Suffer 40% Crash From All-Time High? Analyst Reveals ‘Final Target’

Sentiment around Bitcoin has suffered a major hit in recent weeks after the price fell below $100,000. This has led to a series of bearish predictions for the cryptocurrency, as many analysts and investors alike believe that the crash is far from over. One analyst, who goes by Mr. Wall Street on the X (formerly Twitter) platform, has predicted a step decline, revealing how low the Bitcoin price will go and when the crash should be expected to be over. Bitcoin Headed below $60,000? In the post, Mr. Wall Street expressed that the Bitcoin price has already hit its cycle top, and as such, there is nowhere else to go but down. The chart points to possible price reversals for the cryptocurrency, but ultimately, all of these are expected to be short-lived and precede further crashes. Related Reading: Wondering Why The XRP Price Is Still Lagging Despite Record ETF Launch? Read This As the Bitcoin price struggles to reclaim $100,000, the crypto analyst warns that it is more likely to crash furt