Bitcoin is at risk of slide to $58,000 as 'restrictive' Fed policy and trade tensions weigh on crypto

Market Intelligence Analysis

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Why This Matters

A veteran trader predicts a significant decline in Bitcoin's price to $58,000 due to restrictive Fed policy and trade tensions, aligning with expert opinions on a bearish trend.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The veteran trader who accurately called the 2018 bitcoin crash has tipped bitcoin to fall to $58,000. Experts said macro conditions favor a bearish bitcoin trend.

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Full article on CoinDesk
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Original article published by CoinDesk on January 20, 2026.
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