Doomsday bitcoin price targets predicted

Say it ain't so

Dear Reader, Bitcoin is making folks nervous. So much so that some predict a return to its $20k all-time high. Maybe even worse. Based on this chart, they might be right… We're talking about a price slump to perpetual "bearadise".  What's really going on in the market? Let's have a look… Our data shows two obvious things… One: The market is down 11% in the past seven days. Two: Some market pros predict a coming slump. Keith Alan is the co-founder of monitoring resource Material Indicators. His take is that bitcoin could retest 2017 support levels.  At just under $20K.  He's not the only one making such doomsday predictions.  A popular trader who goes by the "handle" Skew on X posted… "Break below $25.3K probably target $24K - $23K for stronger buyback reaction else continuation towards $20K." For hodlers this kind of news is no good. No good at all. Analytics platform Whalemap believes bitcoin might touch below $25K. Of course, these conjectures might or might not come true.  At Cointelegraph Markes Pro… Our attitude about the market is a bit different. We say ride the volatility. By getting into altcoins set to pop and drop along the way.  Regards, Markets Pro Team © 2023 COINTELEGRAPH MARKETS PRO COINFIDENTIAL. Copyright © 2023 Cointelegraph Markets Pro, All rights reserved. You are receiving this email because you opted in at our website. Our mailing address is: Cointelegraph Markets Pro 21 W 46th St New York, NY 10036-4119 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.