The Crypto Bloodbath Continues

"Wake me up when September ends" might be the best advice.

Author

Justin
September 06, 2024 • Read Time: 3 minutes

The recent six-month market correction appears to be the latest plot twist in a saga of boom and bust.

Despite a 23% dip that’s not historically catastrophic, the bearish sentiment among analysts is growing louder. Predictions like those from 'Crypto Louca' suggest an eventual slide to a price zone between $36,000 and $46,000 by year’s end, intensifying the anxiety.

Meanwhile, market voices like IncomeSharks, Julio Moreno, and Peter Brandt provide varying perspectives, from neutral stances to cautionary signals of further downturns.

With Bitcoin teetering around crucial support levels, the urgency for a recovery bounce is palpable.

Let's dive in!

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