Bitcoin Faces Potential Further Losses, Analyst Warns of Market ‘Black Swan’ Scenario

A prominent cryptocurrency analyst warns that a significant drop in Bitcoin’s price is likely imminent, citing the potential for the market to experience an even larger and more unpredictable downturn. He suggests this might be driven by a scenario he calls a “black swan” event. While extreme drops have already impacted various altcoins, he believes the broader crypto market has yet to reach a bottom point.