That's a bear market! S&P 500 falls 20% from peak while Bitcoin shies away from $30,000.
As Cointelegraph, various sources had called for Bitcoin to fall once again in a manner similar to last week's capitulation event.
Continuing the conservative macro outlook, fellow Twitter commentator PlanC argued that external shifts could still bring Bitcoin down significantly from current levels. "If the Crypto market was in a bubble I would say 25k to 27.5k is the Bitcoin bottom, but there is a decent probability that macro factors drag us down to 22-24k. Significant black swan, 15-20k becomes a possibility," part of a
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