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A prominent crypto analyst outlines Bitcoin’s potential worst-case scenario, predicting a dip to the mid-$90,000s if key support levels fail. However, he also highlights strong demand dynamics that could propel BTC to new all-time highs.
- Bitcoin could drop to mid-$90,000s if it loses support at $101,000-$102,000, according to analyst Pentoshi.
- Demand for BTC is exceeding daily mined supply, which could drive prices to new highs.
- Pentoshi's chart suggests a potential dip in June-July, followed by a rally to $120,000.
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