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Is Bitcoin Really Headed to $38,000? NYDIG’s October Scenario, Explained

Published Source: Bitcoin.com NewsRead original

AI Summary Bitcoin could sink to a cycle low of $38,000 to $39,000 by October if the current drawdown matches the depth of 2022’s bear market, NYDIG said in its second-quarter review. A Bleak Scenario Bitcoin financial services firm NYDIG has mapped out a scenario in which bitcoin’s slide extends to $38,000-$39,000 by October, if the 2025-2026 […] fulltext: 356 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/nydig-bitcoin-bottom-38000-october/ Source: Bitcoin.com News

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