Bitcoin likely to fall another 30% to $44,000 by year-end, prominent BTC miner says

A prominent Bitcoin miner suggests that the cryptocurrency could drop another 30% to $44,000 by the end of the year, based on the miner's observation that Bitcoin's stock-to-new-address value has fallen to a critical level similar to that seen before the last market cycle's downturn. This prediction implies a potential prolonged period of low prices for Bitcoin investors. Given Bitcoin's significant influence on the cryptocurrency market, this forecast could have broader implications for investors and the crypto industry as a whole.