Expert Warns of Possible Bitcoin Drop to $75,000
An expert has raised alarms about the potential for Bitcoin to drop as low as $75,000. This warning stems from a significant liquidity gap observed in the Chicago Mercantile Exchange Bitcoin futures contracts. Joe McCann, founder of Asymmetric, emphasizes the bearish indicators emerging from both technical and macroeconomic analysis.
As these predictions unfold, investors should brace for possible volatility in the cryptocurrency market.