Rekt Capital has pointed out that in the current market cycle, if Bitcoin were to undergo a correction comparable to its deepest correction of 23.8%, the price of the leading cryptocurrency could potentially decline to approximately $55,000. This prediction is grounded in an analysis of past price trends observed in Bitcoin’s movements during similar market cycles. The analyst also mentioned that it is not guaranteed that this extreme scenario will actually occur. Stay updated on the latest financial and business news by visiting COINTURK FINANCE.
