🟡Crypto analysts predict a decline in Bitcoin’s price to $40,000 – $45,000 before the next bull market.
🟡According to Markus Tilen from 10x Research, this will be the optimal entry point for the market. The last time Bitcoin traded in this range was on February 6, when its price was $42,577. Timothy Peterson from Cane Island Alternative Advisors also expects a drop to $40,000 in the next two months. Popular analyst Crypto Rover warns his followers about a potential decline to this level if current support levels are lost.
🟡Although the $60,000 level has served as strong support for Bitcoin since March, the price has fallen below this threshold in the past two days. Given the expected short-term volatility, analysts advise against adopting a “buy and hold” strategy.