#BitwiseBitcoinETF
predicted by Mark Newton, CEO at Fundstrat and analyst Benjamin Cohen. Both of these figures express concern that the price of Bitcoin could eventually drop to a bottom level of $60,000.
In his analysis, Cohen suggests that the price of Bitcoin may follow a similar path to other assets like QQQ.
This means that the collapse of Bitcoin is predicted by this analyst to occur at the time of significant political events, such as the inauguration day of Donald Trump.