Bitcoin extended its losses this week, plunging below $104,000 and triggering a wave of panic across crypto markets. While BitMEX co-founder Arthur Hayes
Bitcoin performance over the past month
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Andrew Tate Predicts Pain Before the Peak
Andrew Tate, a controversial influencer and former kickboxing world champion, predicted that Bitcoin could plunge to what he described as the September 2023 level of $26,000 before staging a major rebound.
He argued that traders “blind optimism” was keeping the market from finding a true bottom.
In his post, Tate delivered a vivid monologue to his millions of followers, warning that “everything can always get worse.” His central message was clear: “the price can always go lower.”
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Tates tone was blunt and pessimistic, consistent with his reputation. The former athlete has faced multiple criminal charges in Romania, including rape, human trafficking, and money laundering—allegations he denies.
Despite his legal troubles, Tate remains highly influential online, promoting what he calls a “war room” philosophy centered on wealth and dominance, often through crypto speculation.
He claimed that the market would only recover once “everybody has lost all their money,” calling that moment the true start of a new bull cycle.
Hayes‘ optimism and Tate’s pessimism represent two poles of sentiment in a market caught between fear and opportunity.
Whether Bitcoin rebounds or sinks further, the contrast between rational accumulation and apocalyptic bravado highlights the psychological extremes shaping todays crypto trading narrative.
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