PANews reported on March 10 that DeFi analyst Adaora Favour Nwankwo wrote on the X platform: "Bitcoin's price movements are closely tied to U.S. economic indicators. Here's one possible scenario: If a recession occurs, Bitcoin's maximum potential drop is about $50,000; if no recession occurs, its floor is expected to be between $70,000 and $75,000. Key market observers are closely watching the Consumer Price Index (CPI) data released on Wednesday, which could have a significant impact on Bitcoin's price movements." In response, Zhao Changpeng commented: "I think this only applies to the short term."
Analyst: If the US economy enters a recession, Bitcoin's maximum potential drop is about $50,000
- 2025-03-16
Analyst: The bull market may return in June, and the median target price of Bitcoin is expected to reach $126,000
- 2025-03-16
Lazarus Group now owns approximately 13,562 BTC, pushing North Korea’s Bitcoin holdings above those of El Salvador and Bhutan
- 2025-03-16
After BTC's short-term decline, the 50x leveraged whale on Hyperliquid has made a profit of about $5.78 million
- 2025-03-16
Analyst: BTC's four-year halving cycle is still an important factor affecting price trends, and the current key support range is $72,000-73,000
- 2025-03-16
Uber’s early investor: BTC will not be replaced as a value transfer protocol, but the market is monopolized by some giants
- 2025-03-16
ETP provider Leverage Shares launches crypto ETF 'COIG' tracking Coinbase on Nasdaq