Urgent Warning: Bitcoin Could Tank to $55,000 – Here’s Why? 

Quick Summary:

With BTC’s price at $60,845 as of June 29, 2024, experts are concerned that it could fall to $55,000.

The BTC price has declined over 16% since its March 14 peak of $73,797.

A crypto trader, identified as Jelle, noted similarities to the 216 halving cycle.

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Article Details

Author / Journalist: Vignesh S G

Category: Crypto

Markets: United States

Topics: News Price Analysis Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-29 @ 12:20:10 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 286 words

Reading Time: 2 minutes read

Sentences: 32 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 21415908

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 19 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 14 hours ago

Coverage Areas: United States

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Publisher ID: #112

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