Just caught an interesting take from some analysts on where this crypto bear market might be heading. They're saying we're in the final innings here, with bitcoin likely finding a floor somewhere between $60k and $68k if we don't get hit with a broader equity market crash. BTC is currently trading around $73.37k, so that's still a decent cushion below. What caught my attention though is they're flagging the $70k to $80k range as basically an air pocket with almost no structural support. Less than 1% of long-term holders bought in that zone, so if bitcoin drops through it, there's not much to catch it. They mentioned bitcoin ETFs have had $3bn in outflows recently, which could keep pressure on things. The real risk scenario? If we get something like the 2022 meltdown - a combo of equity bear market plus major crypto bankruptcies - then bitcoin could test $55k. But honestly, that seems like worst-case territory. The crypto bear market might finally be bottoming out, but we're not out of the woods yet.

BTC0,13%
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