Analyst Warns Of Bitcoin Breakdown Below Key Psychological Level, Says $40,000 Is Possible

Bitcoin is at a crossroads after getting rejected at $62,000. Unsurprisingly, this has led to clashing sentiment in the market, with the bulls and bears engaged in an intense tug of war. But while bulls remains vocal, the bears have come out of the woodwork, leading to speculations that the price might actually be going much lower.
Bitcoin To Succumb To Bearish Pressure
Despite the 15% crash that has already rocked the Bitcoin price, crypto analyst DonAlt does not believe that the market has see