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Is Bitcoin Really Headed to $38,000? NYDIG’s October Scenario, Explained

Bitcoin could sink to a cycle low of $38,000 to $39,000 by October if the current drawdown matches the depth of 2022’s bear market, NYDIG said in its second-quarter review.

A Bleak Scenario Bitcoin financial services firm NYDIG has mapped out a scenario in which bitcoin’s slide extends to $38,000-$39,000 by October, if the 2025-2026 […]

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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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