1133: VANECK PREDICTS BITCOIN CRASH TO $10K-$12K BY Q1 2023!!

"Looking ahead, Bitcoin could test $10,000-$12,000 as BTC miner bankruptcies increase due to the drop in Bitcoin value and increasing electricity costs," VanEck predicts.

The investment firm believes that many miners of the king crypto (BTC) will be forced to restructure or merge in order to find capital during difficult times. As Siegel explained, the Bitcoin mining industry is in a tremendous stress situation.

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