@philwagmi

A senior strategist from Bloomberg says Bitcoin’s drop is now “inevitable,” expecting it to fall toward $50K. He notes that bear markets often produce sharp rallies that give people hope — but ultimately face heavy sell-offs. Interestingly, he jokes that his price-target accuracy is only 70%. Last time, he predicted BTC would fall from $10K to $1K… but it only dropped to $3K — so in his words, “that’s still a 70% hit rate.”

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