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Is the Bitcoin bull market coming to an end? Industry insiders warn that the market outlook is not good in the next 6 to 12 months.
① The price of Bitcoin has dropped from an all-time high of 109,000 USD to around 83,000 USD, with industry executives claiming that a bear market has begun; ② Several Analysts in the crypto industry warn that the continued weakness in the USA stock market may exacerbate the bearish pressure in the Cryptos market; ③ The price of Bitcoin generally plummets by 77% to 86% after a shift from bull to bear, with some Analysts predicting that this round of adjustments will reach a low of around 40,000 USD.
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