
Crypto News October 12: Bitcoin likely to return below $25,000 with news Stellar, Chainlink, Fuul, Sei Labs, AI, Trezor, LayerZero, FTX, BarnBridge
October 12, 2023 19:04
Bitcoin Magazine on

From speculation that Bitcoin could drop another 8% from current levels to CoinMarketCap launching a new artificial intelligence (AI) tool. Here are some outstanding news in the crypto market.

Bitcoin News
Strategist Benjamin Cowen is expressing negative sentiment towards the digital asset as there are signals that Bitcoin (BTC) may have reached a local peak.
Cowen told his 787,000 YouTube subscribers that Bitcoin could fall at least 8% from current levels, a move that could negatively impact altcoins.
“The low around $25,000 will be eliminated and when it does, it will be devastating to the altcoin market. Altcoins will most likely not maintain their current price levels as Bitcoin falls into risk.”
Regarding the possibility of Bitcoin plummeting, the widely followed analyst said:
“Bitcoin has most likely formed a local top. And then the market will turn bearish as liquidity dries up with an initial target likely at $23,000. If Bitcoin follows what happened in 2019, in the next few days users could see the leading asset fall below the above level.”
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Crypto News October 12: Bitcoin likely to return below $25,000 with news Stellar, Chainlink, Fuul, Sei Labs, AI, Trezor, LayerZero, FTX, BarnBridge
October 12, 2023 19:04
Bitcoin Magazine on

From speculation that Bitcoin could drop another 8% from current levels to CoinMarketCap launching a new artificial intelligence (AI) tool. Here are some outstanding news in the crypto market.

Bitcoin News
Strategist Benjamin Cowen is expressing negative sentiment towards the digital asset as there are signals that Bitcoin (BTC) may have reached a local peak.
Cowen told his 787,000 YouTube subscribers that Bitcoin could fall at least 8% from current levels, a move that could negatively impact altcoins.
“The low around $25,000 will be eliminated and when it does, it will be devastating to the altcoin market. Altcoins will most likely not maintain their current price levels as Bitcoin falls into risk.”
Regarding the possibility of Bitcoin plummeting, the widely followed analyst said:
“Bitcoin has most likely formed a local top. And then the market will turn bearish as liquidity dries up with an initial target likely at $23,000. If Bitcoin follows what happened in 2019, in the next few days users could see the leading asset fall below the above level.”
Follow me to receive more information about bitcoin
