Bitcoin Could Fall Into the $40,000s Before Bottoming: Bitfinex Analysts
Following previous drawdown patterns and time horizons between tops and bottoms, BTC is likely to extend its ongoing decline to the $40,000s. According to on-chain indicators reviewed by analysts at the crypto exchange Bitfinex, bitcoin (BTC) still has some way to go before it bottoms out in this bear cycle. The latest Bitfinex Alpha report…
