Bitcoin could crash to $48,000, if this historical pattern is triggered
CoinDesk·
60-second summary
Bitcoin's historical price pattern, dating back to its earliest days, is holding strong through every market cycle, having yet to be tested in the current one, suggesting a potential crash to $48,000. This pattern has consistently triggered significant price drops, with the current bull run being the longest stretch without a test, fueling investor concerns about a potential downturn.
A pattern stretching back to bitcoin's earliest days has held through every market cycle. It has yet to be tested in the current one.