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21 June 2021

Bitcoin will dip to $25K if this trader's 20% crypto crash forecast comes true

Bitcoin will dip to $25K if this trader's 20% crypto crash forecast comes true


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Bitcoin (BTC) is heading for "absolute carnage" which will result in a trip to around $25,000, a popular trader has warned as bullish signals disappear for BTC/USD.

In characteristically direct tweets this week, Twitter account Cobra Crypto warned that 20% is about to be shaved off the entire cryptocurrency market cap. .

According to Cobra Crypto, the size of the capitulation will cost $30,000 support which remained during the May retracement.

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cointelegraph.com
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