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RSS·Jun 6, 2026, 05:30 PM·Scott Matherson

Analyst Who Predicted the Bitcoin Crash Says Price Could Reach $40,000, Here's When

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AI summary

The Bitcoin price recovery back in May 2026 triggered a renewed wave of bullish optimism. But despite the rising prices, there are some who did not give in to the bullish wave, picking a more conservative stance on the cryptocurrency. With the new month, those who refused to flip bullish look to have come out on top as the Bitcoin price has reversed. However, some analysts are predicting that this might only be the start of the decline. Bitcoin Price Could Be Getting Ready To Fall To New Cycle Lows According to crypto analyst Xanrox, the Bitcoin price crash was expected, given that the cryptocurrency has entered one of the most brutal bear markets in recent history. One very bearish development is the fact that the Bitcoin price has now fallen below two major channels. Related Reading: The

Why selected · Evaluation

AI value ratingRisk alert
CategoryCrypto
FreshnessPublished 176h ago
Bilingual translationPending
SourceRSS
In daily briefingNo

AI rationale

警惕风险,不建议投资。

Dimensions: AI value rating (grounded in investor knowledge bases), category, freshness (≤36h preferred), bilingual completeness, source authority. Items rated High or Medium enter the daily briefing pool — top 5 each for Economy and Crypto.

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