coin-img-ETHETH+3.61%coin-img-BTCBTC+4.79%coin-img-XAUTXAUT-1.21%coin-img-PAXGPAXG-1.48%coin-img-TAATAA+4,002.88%coin-img-SOLSOL+4.28%coin-img-XRPXRP+1.94%coin-img-USDCUSDC-0.01%coin-img-ETHETH+3.61%coin-img-BTCBTC+4.79%coin-img-XAUTXAUT-1.21%coin-img-PAXGPAXG-1.48%coin-img-TAATAA+4,002.88%coin-img-SOLSOL+4.28%coin-img-XRPXRP+1.94%coin-img-USDCUSDC-0.01%coin-img-ETHETH+3.61%coin-img-BTCBTC+4.79%coin-img-XAUTXAUT-1.21%coin-img-PAXGPAXG-1.48%coin-img-TAATAA+4,002.88%coin-img-SOLSOL+4.28%coin-img-XRPXRP+1.94%coin-img-USDCUSDC-0.01%coin-img-ETHETH+3.61%coin-img-BTCBTC+4.79%coin-img-XAUTXAUT-1.21%coin-img-PAXGPAXG-1.48%coin-img-TAATAA+4,002.88%coin-img-SOLSOL+4.28%coin-img-XRPXRP+1.94%coin-img-USDCUSDC-0.01%

Veteran Analyst Bob Loukas Targets Bitcoin Below $49,000, Cites "Horrendous" Weekly Outlook

Veteran market analyst Bob Loukas set a Bitcoin price target below $49,000, citing what he described as a "horrendous" weekly price outlook for BTC. His target reflects a bearish view on Bitcoin's near-term performance based on current weekly chart conditions.
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