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Bitcoin Price Plunge: Economist Decodes the Crash and Predicts the Bottom
Bitcoin Price Plunge: Economist Decodes the Crash and Predicts the Bottom
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Bitcoin's brutal sell-off has traders scrambling—here's why the bleeding might not be over.
Key factors driving the crash:
- Macroeconomic headwinds crushing risk assets
- Miner capitulation triggering death spiral fears
- Leverage unwinding across derivatives markets
How low can it go? Our analysis suggests $20K could be the line in the sand... unless Wall Street's 'risk management algorithms' decide to panic-sell again.
Remember: The market takes the stairs up and the elevator down—especially when overleveraged crypto bros get margin called.
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