Bitcoin In Red, Analyst Predicts A 40% Drop To $48,000 Before Recovery

Bitcoin is roughly 20% from all-time highs, and risks are trending lower, breaking from the current consolidation. After peaking in mid-March, bulls are yet to build enough momentum and overcome the roadblock at $72,000. Will Bitcoin Fall To $50,000 Or Worse? Analyst Thinks So While there were temporary gains in early June, the retracement in the last few trading days has seen BTC recoil,... source: https://www.newsbtc.com/bitcoin-news/bitcoin-in-red-analyst-predicts-a-40-drop-to-48000-before-recovery/