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Bitcoin Bear Market Predicted in Contrary to Expectations! Analyst Points to $250,000, Gives a Date!

Bitcoin Bear Market Predicted in Contrary to Expectations! Analyst Points to $250,000, Gives a Date!

Photo: Bitcoin Sistemi

Better-than-expected US data and shifts in expectations regarding the Fed's interest rate policy increased selling pressure in the cryptocurrency markets. Bitcoin fell below $80,000, while altcoins also experienced significant declines. However, the market has turned green again in the last 24 hours, with BTC approaching $82,000. At this point, analysts argue that the correction is not a bearish trend but simply a normal correction within an uptrend, while one analyst stated that Bitcoin could continue its rise until 2028 and that the new peak target would be to surpass $250,000. Is Bitcoin's Four-Year Cycle Giving Way to an Eight-Year Cycle?

Source: Bitcoin Sistemi

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