How Low Will Bitcoin Go? Analysts Pinpoint a Bottom Date and Price Range
Popular cryptocurrency analysts continue to debate whether BTC has already bottomed in this cycle, and, interestingly, several agree that the actual capitulation event is not here yet, but it’s close.
Beyond predicting when it’s supposed to occur, Ali Martinez went further by outlining potential bearish price targets.
When and How Low CryptoPotato reported yesterday the combined conclusion from Martinez, Rekt Fencer, Peter Brandt, and other analysts claiming that the long-anticipated and debated BTC bottom will take place in early October.
The idea is simple, but it’s surprisingly accurate – history.
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Yes, most public blockchains (like Bitcoin and Ethereum) are transparent. Transactions can be traced back to public keys and wallet addresses, meaning that while they are pseudonymous (names are not directly tied to addresses), they are not completely anonymous.
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