Bitcoin: Analyst Predicts When BTC Will Bottom Out in Price
The million-dollar question on everyone’s mind is ‘When will Bitcoin bottom out in price?’ It had hit an all-time high of $108,786 on January 20, 2025, the day Trump took office. Its price began to dip after the trade wars ignited as the President imposed tariffs on Canada, Mexico, and China. Even close allies in Europe were not spared angering countries from the other side of the Atlantic. Source: Coingecko Also Read: AI Predicts Hedera Price If HBAR ETF Is Approved By May 2025? After hitting its ATH of $108,786, Bitcoin lost nearly 25% of its value and is trading at the $82,400 level on Wednesday. It had fallen to the $76,000 range on Monday as the US stock market crashed 890 points. The leading cryptocurrency rebounded in price but investors remain skeptical as the markets are in unfavorable conditions. BTC: When Will Bitcoin Bottom Out? Source: Watcher Guru The former CEO of BitMex, Arthur Hayes predicts that Bitcoin could face further corrections in the charts. H...