$40K Bitcoin price is in reach, but analysts warn that a sweep of recent lows is likely Post author:MiamiCrypto Post published:March 11, 2022 Post category:Bitcoin Price / BTC Markets / Cryptocurrencies / inflation / Market Update / Markets Sky high inflation, fear over the Fed’s expected rate hike and exploding commodity prices are all possible reasons for BTC’s recent dip below $40,000. You Might Also Like How to tell if a cryptocurrency project is a Ponzi scheme August 26, 2022 Battle at $95K: Can Bitcoin Bulls Hold the Line? January 18, 2026 Here’s why Bitcoin bulls might trample $50K ahead of Friday’s $2B BTC options expiry August 24, 2021