Is the Bitcoin Bloodbath Over?

Krutika Adani

Bitcoin had a major price drop which took its price to $60k.

Multiple macroeconomic and political factors caused a price crash this week.

The US Fed's interest rate decision and Israel-Iran conflict were major reasons for fear, uncertainty and doubt (FUD)..

However, analysts believe that all FUD has now ended.

Further, multiple analysts believe that Bitcoin is now undervalued and expect a price recovery soon.