Two bearish scenarios put bitcoin at $57K or below $50K
- —Calacanis targets $57,000, about 28% below the $79,600 level at the time
- —Martinez: a repeat of Q4 2018 implies a 42.16% drop to roughly $46,000
- —BTC fell 16.70%, 42.16% and 14.75% in the fourth quarters of 2014, 2018 and 2022
- —A break below $73,000 would put many recent buyers at a loss
Why it matters: A breach of $73,000 could accelerate selling, though both scenarios are hypotheses rather than forecasts of a repeat.
Source: Cointribune EN