Bitcoin price risks ‘$15K shakeout’ in the next 5 months, BTC analyst warns
Multiple Bitcoin indicators, including a bull-bear sentiment index and realized price metric, point to a possible final BTC shakeout toward $54,000
Bitcoin (BTC) is showing signs of the bear market’s late stages but could see another leg lower in the coming months, says Joao Wedson, founder and CEO of on-chain analytics platform Alphractal.
Key takeaways:
BTC may still see one last big drop before recovering, based on one sentiment indicator.
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