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Benzinga
Benzinga
Business
Bibhu Pattnaik

Why This Analyst Says Bitcoin Will Reach $50,000 By End Of March

Nigel Green

On Friday, Bitcoin (CRYPTO: BTC) broke below the $42,000 level to a low of $38,805.85. The sudden drop occurred after the apex crypto had been building upward momentum for the previous week.

So far, Bitcoin is down about 15% in 2022 YTD, and is off more than 40% from its record high of near $69,000 reached in November 2021.

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