Bitcoin on the way to ‘bearadise?’ $20K is back as a BTC price target

Bitcoin (BTC) hovered above $26,000 into the Aug. 20 weekly close as doomsday BTC price targets kept coming. BTC/USD 1-hour chart. Source: TradingView Analysis: Bitcoin may see new “generational buying opportunity” Data from Cointelegraph Markets Pro and TradingView showed an eerie calm covering BTC/USD over the weekend, with the market down 11% in seven days. Rattled market observers remained highly cautious, and looking ahead, Keith Alan, co-founder of monitoring resource Material Indicators, saw only modest room for improvement. “I think $25k will eventually breakdown and clear a path to retest…

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