The post Stifel Warns Bitcoin Could Drop to $38k: Here Is Why appeared first on Coinpedia Fintech News
Stifel Financial Corp. (NYSE: SF) has issued a bold midterm prediction for Bitcoin (BTC) price. With Bitcoin price down 42% from its peak to hit a 14 month low of about $72k earlier today, Stifel stated that the flagship coin is on the cusp of further capitulation, with a target of $38k. Stifel Warns of …
Bitcoin, Ethereum, XRP, Dogecoin Deepen Losses, While Gold, Silver Hold Steady: Analyst Says Crypto Momentum ‘Deteriorating Faster’
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