Bitcoin’s $40k bear case would be a historic outlier, data suggests
Bitcoin’s BTC$77,684.60 recent gains — it’s added almost 15% this month — aren’t enough to convince some industry observers that the largest cryptocurrency has escaped the bear market it entered in October. It is, after all, still 40% below its record. There may be deeper drops to come, with some, unidentified, forecasters, predicting a drop…