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Bitcoin (BTC) in Trouble: Analyst Sees a Potential Drop Below $40K
Jul 14, 2026
< 1 min read
by Dimitar Dzhondzhorov
for CryptoPotato
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AI Overview
Bitcoin attempted a near-term rebound earlier this month, climbing to almost $65,000 before bears pulled the price back to about $62,600. Analysts warn the cycle’s bottom may not yet be reached, signaling downside risk for crypto markets and weighing on adoption and market sentiment.
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The primary cryptocurrency attempted a decisive rebound earlier this month, rising to nearly $65,000.
However, the bears intercepted the move and pulled the price to the current $62,600, while many analysts believe the cycle’s bottom has yet to be reached.
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In This News
Coins
$ 62.79K
-0.17%Predictions Markets
See what traders are focused on
Share:
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