Just saw Michael Terpin warning that Bitcoin might actually dip into the $40k range before we see a real recovery. Everyone's fixated on $80k as the next target, but honestly this takes the wind out of that narrative. Current price is hovering around $74k, so we're not that far from some serious pullback territory. The whole coin bubble cycle thing keeps repeating - we pump, we dump, repeat. His point seems to be that the coin bubble narrative isn't dead yet, and we could still see significant correction before the next leg up. Makes you think whether all this optimism is premature or just part of the normal market rhythm. Worth considering if you're planning your entries right now. What's your take - do you think we'll revisit those lower levels or has the coin bubble already deflated enough?

BTC-0.84%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin