BITCOIN TO TUMBLE BELOW $10,000
The statement made by oddsmakers some hours ago further throw a heavy weight on bitcoin investors . They predicted a heavy fall on bitcoin below $10, 000 in 2021 and this is significant since mid April.
According to the betting aggregators , the odds that bitcoin drops below $10000 this year were 57.9%.
There are many factors that affect traders sentiment and most of these significantly appears to be from US monetary policy and the impact of mainland china
Mainland china took an aggressive stance against crypto on Wednesday ordering the crypto miners to shut down.
Bitcoin now represents 40% of the crypto market, down from 70%
Bitcoin has dropped by 40% in the past two months, and oddsmakers are beginning to wager that the cryptocurrency has a much steeper fall ahead
Will bitcoin recover from this heavy fall? Or will it continue to drop as predicted? Investors are beginning to exercise fear on certainty of bitcoin's future
It portends a great danger to investors if the predictions were right and will be bitcoin's greatest fall ever.
Do you really believe the predictions? what's your analysis
BITCOIN TO TUMBLE BELOW $10,000 The statement made by oddsmakers some hours ago further throw a heavy weight on bitcoin investors . They predicted a heavy fall on bitcoin below $10, 000 in 2021 and this is significant since mid April. According to the betting aggregators , the odds that bitcoin drops below $10000 this year were 57.9%.
There are many factors that affect traders sentiment and most of these significantly appears to be from US monetary policy and the impact of mainland china
Mainland china took an aggressive stance against crypto on Wednesday ordering the crypto miners to shut down. Bitcoin now represents 40% of the crypto market, down from 70%
Bitcoin has dropped by 40% in the past two months, and oddsmakers are beginning to wager that the cryptocurrency has a much steeper fall ahead
Will bitcoin recover from this heavy fall? Or will it continue to drop as predicted? Investors are beginning to exercise fear on certainty of bitcoin's future
It portends a great danger to investors if the predictions were right and will be bitcoin's greatest fall ever.
Do you really believe the predictions? what's your analysis