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Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Coinpedia Fintech News on May 12, 2023, 02:22:17 PM

Title: Crypto Analyst Warns of 50% Bitcoin Price Drop and Choppy Market Ahead
Post by: Coinpedia Fintech News on May 12, 2023, 02:22:17 PM
Bitcoin faces a critical juncture as it tests the neck support line of a head and shoulder formation on higher time frames. Despite the release of CPI data, the crypto market remains uncertain, with concerns about the meme coin industry's growth. However, on-chain analytics platform Santiment predicts a possible market reversal in response to bearish sentiment.