Bitcoin Could Drop Another 20% To $48,000 In Worst Case Scenario, Bitwise Exec Says
Bitwise Head of Research Europe André Dragosch said Friday that Bitcoin (CRYPTO: BTC) faces up to 20% further downside from current levels, with the long-term holder cost basis near $48,000 as his max pain scenario. Three Support Levels Stack Between $48,000 and $61,000 Dragosch mapped out the struc
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ARIA AI SummaryAI-generated · Educational only- 1.Bitwise Head of Research Europe André Dragosch said Friday that Bitcoin (CRYPTO: BTC) faces up to 20% further downside from current levels, with the long-term holder cost basis nea
- 2.Monitor live crypto prices, AI signals, and market sentiment on CryptoTalkies for related updates.
- 3.Crypto investments carry significant risk. Always conduct your own research (DYOR) before making decisions.
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What is happening with Bitcoin Could Drop Another 20%?
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Bitwise Head of Research Europe André Dragosch said Friday that Bitcoin (CRYPTO: BTC) faces up to 20% further downside from current levels, with the long-term holder cost basis near $48,000 as his max pain scenario. Three Support Levels Stack Between $48,000 and $61,000 Dragosch mapped out the struc
How does Bitcoin news affect crypto investors in India?
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Track BTC/INR pricing and live sentiment on CryptoTalkies. Indian investors should watch domestic exchange spreads alongside global BTC price action. Remember: crypto gains are taxed at 30% + 1% TDS in India.
Is this news bullish or bearish for crypto markets?
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Bitcoin price reaction depends on macro liquidity, ETF flows and on-chain signals. Check our live Fear & Greed Index and AI sentiment analysis for objective Bitcoin market readings.
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The original article is available at the source link below. Always verify news from multiple sources.
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This article is for informational purposes only and does not constitute financial advice.Disclaimer