3 reasons a strategist thinks bitcoin could plunge to $40,000 — and why the crypto winter could drag on for months to come

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• Bitcoin could fall to $40,000 over the next six to eight months, one strategist says.
• Selling from crypto treasuries could exacerbate the pain.
• Bitcoin has dropped deeper into a bear market, and is down almost 40% from its most recent high.

The bitcoin winter might stretch on for months to come.

The OG cryptocurrency is already mired in a bear market, but the crypto's price could decline to $40,000 as its rout continues...