We have seen many price analyses of Bitcoin after the May crash. Some say it is going to be $25k; some say $20k and even $10k. But the senior Bloomberg analysts have a very different take on the price action of Bitcoin. They say that Bitcoin is more likely to hit $60k than $20k. This is a very positive statement in favour of BTC as the markets are still bearish overall. The analyst at Bloomberg thinks the dip to $30k could be similar to the one when Bitcoin fell to $4k and saw a rally.


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