#TradeNTell #BTC #forecast

A sharp decline in the price of the first cryptocurrency may increase sales from recent buyers of the asset, analysts say.

Popular analysts predicted new surges in the depreciation of Bitcoin. Despite the expansion and diversification of cryptocurrency markets, experts expect a further correction in BTC.

The sharp decline in Bitcoin's price following the ETF's approval led to a reduction in unrealized gains, especially among short-term holders.

The first bottom of Bitcoin was $13,000, then ≈$20,000, at the moment the price of Bitcoin is $35,000-40,000. It seems to me that this is the last bottom price, after which Bitcoin will skyrocket to ~$65,000.

Bitcoin has a low supply of 21,000,000 and it is easy for large firms to raise Bitcoin to 100,000.

The current market price is about $40,000 and the capitalization is 785 billion!

P.S. This is just my forecast, nothing more.