The Story
News Summary
- Analyst Bob Loukas suggests Bitcoin remains in the final stage of a four-year cycle, warning of potential further declines toward $53,000.
- While reaccumulation has begun, the base case anticipates a cycle bottom in late 2024, maintaining a cautious outlook for near-term price recovery.
Explore BTCUSD price history & advisor snapshot
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Stored market data
BTCUSD price history
75842.43
+13.20% over the displayed period
Advisor Snapshot
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