The latest Bitcoin (BTC) price crash has brought renewed focus to alarming forecasts, including one from pseudonymous crypto market expert Symbiote. After exiting his BTC positions at $102,000, the analyst is now predicting a potential crash to $40,000 . His bearish outlook comes as the leading cryptocurrency continues to weaken, recently falling below $85,000.
A $40,000 Bitcoin Crash And A Massive Altcoin Season
After making headlines for selling his BTC at $102,000 in December 2024, Symbiote is now projecting a sharp market downturn, with Bitcoin potentially retracing to $40,000. Currently, the cryptocurrency is trading above $82,000, meaning a decline to this bearish level would eliminate more than 50% of its value.
Symbiote predicts that the next significant buy

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