Crypto analyst CrediBULL Crypto has predicted that the Bitcoin price could crash to as low as $49,000 after it hits a local top of $70,000.
The Bitcoin price has surged significantly since the US Federal Reserve’s 50 basis points (bps) interest rate cut. However, there are projections that the flagship’s price rally may be shortlived and a price crash imminent. Crypto analyst CrediBULL Crypto has predicted that the BTC price could drop to as low as $49,000 soon enough.