Here's Why This Crypto Analyst Sees Bitcoin Plunging To $10,000
Portfolio Pulse from Murtuza Merchant
Crypto analyst Nicholas Merten predicts a potential drop in Bitcoin's price to around $10,000, citing the scarcity of liquidity in the market and the changing macro factors. He also mentioned that Bitcoin might not receive the same level of support from the Federal Reserve and other central banks as before.

September 29, 2023 | 5:12 pm
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Bitcoin's price might drop to around $10,000 due to the scarcity of liquidity in the market and changing macro factors.
The prediction of a significant drop in Bitcoin's price is based on the scarcity of liquidity in the market and the changing macro factors. The analyst also mentioned that Bitcoin might not receive the same level of support from the Federal Reserve and other central banks as before, which could negatively impact its price.
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