Crypto analyst says Bitcoin faces plunge of over 43% with a market shrinkage $440 Billion

Crypto analyst Nicholas Merten has raised concerns about a looming market correction in the cryptocurrency market, predicting a substantial shrinkage of $440 billion in its total market capitalization. Merten projects a potential plunge of over 43% for Bitcoin, with the market stabilizing around the $650 billion cap and Bitcoin finding support between $15,000 and $16,000. […]