Bitcoin risks 20% drop to $48,000 per Bitwise
Bitwise Head of Research Europe André Dragosch outlined a scenario in which Bitcoin could decline up to 20 percent further. The projection places a potential low near $48,000. The comments reflect on…
Topic cluster
developing
2 sources grouped by AFBytes in Economy
AFBytes briefing
Large moves in Bitcoin can affect household crypto holdings and broader risk sentiment in digital asset markets.
Key entities
- Bitcoin
- Head
What to watch next
- Observe the next monthly options expiration and on-chain accumulation metrics for directional clues.
- Follow VanEck quarterly crypto reports for adoption metrics validating the $1M path.
Bitcoin Path to $1M Like Video Games
VanEck digital assets chief predicts Bitcoin reaching $1 million in five years. The trajectory mirrors video game industry growth. Institutional adoption drives the forecast.