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#BTC Midterm Forecast 5 Reasons why bitcoin will crash 30-50 | Coin Signals

#BTC Midterm Forecast

5 Reasons why bitcoin will crash 30-50% in next 3-6 Months

1. Technical Correction monthly RSI is about to get overbought like 2017 peak.

2. Big Stock market crash/scam might affect Crypto.

3. Instability in market due to lawsuits like XRP against the Tether.

4. Government Intervention / CBDC or New Coin.

5. Bitcoin Seasonality March is historically most bearish month for crypto.

Considering all above facts and some points given in chart we are expecting bitcoin to reach $35k - $25k in 3-6 months from $57k - $70k.

So you must have some funds on sideline to take advantage of market crash.

Despite all these the Bitcoin can reach minimum $100k -$150k mark by end of 2021.

https://www.tradingview.com/x/usj5DF7g/