Bitcoin Market Volatility Threatens Potential 50% Drop

A prominent market expert has issued a stark warning about the volatile nature of Bitcoin, suggesting a potential 50% price plunge. Tom Lee, renowned founder of Fundstrat Global Advisors, highlighted that despite growing institutional interest and new investment vehicles like spot Bitcoin ETFs, Bitcoin’s price remains highly susceptible to fluctuations. Lee’s analysis suggests that historical stock market corrections can translate into significant declines for Bitcoin, with broader economic downturns or shifts in investor sentiment potentially leading to amplified volatility.