These are very exciting moments for Bitcoin's speculators. With the world's leading cryptocurrency, recovering part of the initial losses in recent weeks, expectations are quite high. These expectations were almost destroyed yesterday as the price of Bitcoin fell below $ 8,800. However, thanks to strong support, this value has already risen above $ 9,200 once more
BITCOIN PRICE VOLATILITY
It's not hard to see why people often criticize Bitcoin's unstable price. In most cases, these discussions arise when Bitcoin loses value in rapid succession. Yesterday was an interesting example, as the price of Bitcoin dropped from $ 9,740 to $ 8,730 in rapid succession. Some speculators believe that the market will come back into effect again, but it seems that things are going well for Bitcoin.
Thanks to these solid gains, we are now seeing a Bitcoin price of $ 9,290. This is a 5.45% compared to 24 hours ago. Given the recent significant upward trend observed by Bitcoin, short correction and immersion can be expected. Without the long-term consequences of talking about it, it is safe to say that the upward trend may well continue over the weekend. Reaching $ 10,000 may not be feasible, but $ 9,500 is not out of the question.
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So far, it seems that Bitcoin's price trend will remain positive. However, there is always a chance that things will become bearish in the moment of the eye. Returning to Bitcoin's previous high value for all time will not happen soon, but these markets remain very unpredictable in the first place. Everything can happen where the Bitcoin price is concerned, but so far the overall trend remains pretty positive.(
So far, it seems that Bitcoin's price trend will remain positive. However, there is always a chance that things will become bearish. Returning to Bitcoin's previous high value for all time will not happen soon, but these markets remain very unpredictable in the first place. Everything can happen where the Bitcoin price is concerned, but so far the overall trend remains pretty positive.
