975: BITCOIN CAN CRASH TO $10,000 IN ONE FINAL ‘FLUSH DOWN,’ SAYS CNBC ANALYST - HERE’S THE TIMELINE!!

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Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6 • 626 Ratings

🗓️ 2 July 2022

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

CNBC analyst Brian Kelly believes Bitcoin (BTC) still possesses more downside potential even as it trades at over 70% off its all-time high. On CNBC’s Fast Money, Kelly says the flagship crypto could still fall nearly 50% from current levels as the macro environment worsens. “The good news is that I do think we are getting a lot closer to a generational bottom. The bad news is that it might not be until Bitcoin hits $10,000.” Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:59.7	In today's show, Bitcoin will see a long bear market.
1:02.5	Says Trader with the Bitcoin price stuck at $19,000.
1:06.0	In today's show, I'll be breaking down the latest technical analysis,
1:08.9	including Checkmate here, de-leverage yourself,
1:11.5	get your Bitcoin into cold storage. Sit tight. And as shared here by Altcoin Sherpa, it's going to
1:16.8	take months to chop around and accumulate once the bottom is found. And the bottom might not even
1:21.3	come for another few months from today, hunker down for a long bear market, in my opinion,
1:27.0	including rec capital, Bitcoin may still very
1:29.1	well be in a downtrend acceleration phase of its correction, but this phase will precede the
1:33.9	multi-month consolidation phase, which will precede the new macro uptrent phase. And as shared here by
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