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The Daily Hodl 2023-10-07 14:30:19

Bitcoin Could Plunge by Nearly 50%, According to Crypto Analyst Nicholas Merten – Here’s Why

Crypto analyst Nicholas Merten is warning that Bitcoin (BTC) could collapse if the economy is thrown into a recession. Merten tells his 512,000 YouTube subscribers that Bitcoin could decline by more than 46% from its current value if the Federal Reserve’s hawkishness leads to a prolonged economic downturn. According to Merten, if commodities like oil, The post Bitcoin Could Plunge by Nearly 50%, According to Crypto Analyst Nicholas Merten – Here’s Why appeared first on The Daily Hodl .

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