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Bitcoin Is 'Canary In The Coal Mine For Liquidity', Could Fall Below $50,000 Expert Warns
Richard Smith believes Bitcoin has not yet reached its bear-market bottom and expects it to fall below $50,000 as tightening global liquidity and debt refinancing pressures weigh on risk assets. Calling BTC the “canary in the coal mine for liquidity,” Smith argues gold is better positioned to outperform during the current macro cycle.
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benzinga.com
Bitcoin Holds At $59,000, But 75% Drawdown From The Top Is Still In Play, Wall Street Exec Says
Katie Stockton says Bitcoin remains attractive over the long term despite repeatedly testing the $59,000–$60,000 support zone. While she does not rely on BTCs traditional…
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coindesk.com
Bitcoin price holds near $60,000, but analyst warns break lower could target $40,000
The token has traded in a tight band near $59,000 to $60,000 all week. Here's what could happen now.
