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CNBC analyst Brian Kelly believes Bitcoin (BTC) still possesses more downside potential even as it trades at over 70% off its all-time high.
On CNBC’s Fast Money, Kelly says the flagship crypto could still fall nearly 50% from current levels as the macro environment worsens.
“The good news is that I do think we are getting a lot closer to a generational bottom. The bad news is that it might not be until Bitcoin hits $10,000.”
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🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
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