Bitcoin at $79K: Bottom Confirmed or One More Crash Coming?
Bitcoin has rallied back to $79,000, but is the bear market actually over, or is one final Bitcoin crash still coming? In this episode of Milk Road Crypto, John Gillen sits down with Michael Terpin to break down where Bitcoin sits in its market cycle and what could happen next. Michael now sees an 80% chance that Bitcoin’s June/July low marked the bottom. But that doesn’t mean BTC is heading straight to $100K. He explains why Bitcoin could retrace toward $70K, or even the $60Ks, before the next major phase of the bull market begins.
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🚨 John just bought 3 alts for the upcoming bull…
The skinny
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