Coin

<ul class="news-points"> 
 <li><strong>According to John E. Deaton, no one knows what will happen next in the crypto market.</strong></li> 
 <li><strong>An FTX sell-off could lead to the crypto market falling by another significant margin.</strong></li> 
 <li><strong>FTX sell-off could push the market down by another 30 to 40% in September.</strong></li> 
</ul> 
<p>According to John E. Deaton, a prominent <a href="https://coinedition.com/what-is-cryptocurrency-a-complete-beginners-guide/" rel="noopener noreferrer nofollow">cyptocurrency</a> lawyer, no one knows what will happen next in the crypto market until it happens. In a recent post, Deaton highlighted the uncertain short term outlook for the crypto market, particularly owing to the sale of the FTX estate’s crypto assets expected this month.</p> 
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   <p lang="en" dir="ltr">Did we bottom? Will the FTX selling, during the next couple weeks, cause September to drive down another 30-40%, before actually bottoming? <br><br>Is <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#BTC</a> going to $15K before going to $50K? <br><br>Here’s what I truly believe: no one knows what’s going to happen next, until it happens. <a href="https://t.co/KEOCHPJWnF" target="_blank" rel="noopener noreferrer nofollow">https://t.co/KEOCHPJWnF</a></p>— John E Deaton (@JohnEDeaton1) <a href="https://twitter.com/JohnEDeaton1/status/1700952180352799128?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 10, 2023</a> 
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<p>Deaton probed the scenarios confronting the crypto market, asking if the bear market has found a bottom yet or if the proposed FTX sell-off could lead to the crypto market falling by another significant margin. Deaton questioned if the FTX selling could p…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/could-btc-drop-up-to-40-in-september-before-a-bottom-is-found/">Could BTC Drop Up To 40% in September Before A Bottom is Found?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Could BTC Drop Up To 40% in September Before A Bottom is Found?

Coin Edition

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