Bitcoin could plummet to $30,000 by year's end, a 50% drop from current levels.
Current prices: $BTC +0% 24h, $ETH +0% 24h, $BNB +0% 24h, $SOL +0% 24h.
The news story cites a chart analyst warning of a potential crash tied to US midterm election years, casting doubt on $250,000 price targets. This skepticism is growing among analysts. A drop to $30,000 would be a major bearish signal.
Support at $35,000. Resistance at $40,000.
I'm bearish on $BTC with a target price of $32,000.
#Bitcoin #BTC #Crypto #CryptoAnalysis #BTC