‘Q2 Will Be Full of Blood’: Analyst Flips Fully Bearish on Bitcoin

Over the last few months, conflict in the Middle East has put pressure on crypto markets. Bitcoin faced a fresh decline of nearly 3% on Friday as the price dropped toward $66,000 from $69,200 yesterday. Now, pseudonymous analyst Mr. Wall Street warned that the second quarter could be “full of blood” as downside risks build across both market structure and macro conditions. Short-Term Hope Fades In a recen…