Will Bitcoin Price See the Peak Again?

Cointral Marketing Manager
Will Bitcoin Price See the Peak Again?

In this period, when we see more than $ 8,000 in bitcoin price, bearish signals and rising signals coincide.

With the sharp rise in the Bitcoin price yesterday, the price jumped up to the $ 8,330 band put the cryptocurrency world in expectation of a major increase. As market movements did not go as expected by cryptocurrency traders, the price moved back to the $ 8,100 band.

Because the most important reason for this decline in price, although the expectation appears to be rising, the owners of BTC, which reached $ 8,300, started selling and due to these sales, the price again regresses to the 8,200 band.

It is estimated that there is an expectation of $ 8,100 for how long the decline in Bitcoin prices will continue. In the future, it is estimated that investors may be satisfied with the prices that will rise again. It is not known when the exact rise will take place.

Investment information, comments and recommendations contained herein are not included in the scope of investment advisory. Therefore, making an investment decision based solely on the information and comments contained herein may not produce results that are in line with your expectations.