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Bitcoin (BTC) extended its sharp sell‑off on Thursday, briefly falling below the $67,000 level and marking its lowest price since November 2024.
The renewed pressure follows commentary from market analyst Hugo Crypto, who pointed to a recent report from investment bank Stifel outlining a notably bearish outlook for Bitcoin.
Deeper Bitcoin Drawdown Ahead?
According to Stifel’s analysis, the leading cryptocurrency could continue declining toward $38,000. If reached, that target would represent an…