Bitcoin Down 17% In 30 Days: How Much Lower Can It Go?
Posted On March 11, 2025
Bitcoin (CRYPTO: BTC) is down 17% over the past 30 days, leaving traders and analysts speculating about how much farther the crypto king has to fall.
What Happened: In an X post on Tuesday, pseudonymous trader Astronomer said there is an 87.5% chance that Bitcoin has bottomed, based on historical price action around FOMC meetings, where it has reversed 14 out of 16 times (87.5%) before or on the meeting date.
With the next FOMC on March 19, historical data suggests the bottom would occur between March 5-19, placing us right in …
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