How much lower could Bitcoin go? | Business and Economy News

Some Bitcoin watchers on Wall Street see more losses ahead for the world’s largest cryptocurrency.

A cohort of chart watchers on Wall Street say Bitcoin’s deepest selloff since crypto mania kicked off last year looks set to intensify.

Evercore ISI’s Rich Ross reckons prices are destined to fall back to the 200-day moving average, following a path of other speculative assets, which would put Bitcoin back at $40,000 compared with just under $44,000 currently.

Others are watching for a…


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