Bitcoin Price Could Collapse to $70K or Lower as Bull Market Is Over: Elliott Wave Expert

A well-known Elliott Wave expert has suggested that the price of Bitcoin could potentially experience a significant decline, dropping to $70,000 or even lower. This forecast comes on the heels of the assertion that the current bull market for Bitcoin may have come to an end, raising concerns about the cryptocurrency's future performance in the financial markets. Investors and traders should remain vigilant, as this analysis could indicate a major turning point for Bitcoin’s value and overall market sentiment. source: https://www.coindesk.com/markets/2025/10/19/bitcoin-price-could-collapse-to-usd70k-or-lower-as-bull-market-is-over-elliott-wave-guru