John Blank, chief equity strategist at Zacks, says there's room for Bitcoin to drop to $40,000: "At 76,000 to 125,00, which was the peak, we can get to 40,000.""We can get there very quickly, or more likely we're gonna get there over the next 6 to 8 months."

$BTC

#trading #WhenWillBTCRebound #Binance

BTC
BTCUSDT
64,487.1
+0.47%

$ETH

ETH
ETHUSDT
1,735.35
+0.11%

This chart is important. My view, Bitcoin has NEVER dropped below its electric cost.

Current Electric Cost = $58,740.