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Home»Cryptocurrency»Analyst Predicts Bitcoin Dip to $54K Citing Long-Term Bearish Trend
Cryptocurrency

Analyst Predicts Bitcoin Dip to $54K Citing Long-Term Bearish Trend

By CharlotteAugust 4, 20261 Min Read
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Bitcoin price has stayed in the green, recording marginal gains and soaring past the brief $64,000 mark on Tuesday. However, despite remaining near the flatline over the past few days, analysts have warned of a continuing downtrend in $BTC price, sparking market discussions.



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July data points to a mixed-bag U.S. economy

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