Bitcoin The Expected Crash Has Arrived The Cryptonomist It is the biggest crash in bitcoin’s history with a loss of $9,300 from the records set on friday, january 8th, just short of $42,000. the movement had already started yesterday, sunday, and became more aggressive in the last 12 hours. it is a collapse accompanied by strong trading volumes. On february 27, 2024, the price of bitcoin surpassed $57,000 for the first time after the last major crash. within about two weeks, continuing to rise, it recorded new all time highs above 73,000$, but then a long period of lateralization began, which is still ongoing, more than six months later.
Bitcoin The Expected Crash Has Arrived The Cryptonomist Yesterday, the price of bitcoin dropped from nearly $66,000 to around $63,000, causing some to fear a possible new crash. instead, last night it recorded a small rebound, which brought it back close to $64,000. A cryptocurrency trading expert is warning that bitcoin might be preparing for a major crash following a deceptive rally in which the asset failed to reclaim its previous record high. this outlook comes as bitcoin continues to consolidate below the $70,000 resistance. Bitcoin has taken a hit in the past 24 hours. the price plunged over 8% to $87,000, erasing billions from the market. ethereum followed suit, dropping 10.5% to $2,388, while solana crashed 13%. Economist and gold bug peter schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether. he explained that “the need to sell bitcoin to pay the bills will only get worse as the recession deepens,” adding that bitcoin is poised to crash to $20k while ether will sink to $1k.
Bitcoin The Expected Crash Has Arrived The Cryptonomist Bitcoin has taken a hit in the past 24 hours. the price plunged over 8% to $87,000, erasing billions from the market. ethereum followed suit, dropping 10.5% to $2,388, while solana crashed 13%. Economist and gold bug peter schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether. he explained that “the need to sell bitcoin to pay the bills will only get worse as the recession deepens,” adding that bitcoin is poised to crash to $20k while ether will sink to $1k. Crypto analysts warn bitcoin could crash soon as interest and trading volume decline, signaling a weakening market trend. rising inflation and potential binance sell offs add pressure, with bitcoin’s next support at $85k if the bearish outlook holds. Crypto analyst dave the wave, known for predicting bitcoin's 2021 crash, now warns of a deeper correction, expecting btc to retest lower fibonacci levels. bitcoin has dropped below $90,000. He intends to continue to accumulate real estate, gold, silver, and bitcoin during this period as he considers these assets as hedges against the expected market crash. The bitcoin price has now fully retraced its crypto strategic reserve pump and is trading above $83,000 at press time. however, btc doesn’t have much support at these levels and will very likely dip to sub $80k.
Bitcoin The Expected Crash Has Arrived The Cryptonomist Crypto analysts warn bitcoin could crash soon as interest and trading volume decline, signaling a weakening market trend. rising inflation and potential binance sell offs add pressure, with bitcoin’s next support at $85k if the bearish outlook holds. Crypto analyst dave the wave, known for predicting bitcoin's 2021 crash, now warns of a deeper correction, expecting btc to retest lower fibonacci levels. bitcoin has dropped below $90,000. He intends to continue to accumulate real estate, gold, silver, and bitcoin during this period as he considers these assets as hedges against the expected market crash. The bitcoin price has now fully retraced its crypto strategic reserve pump and is trading above $83,000 at press time. however, btc doesn’t have much support at these levels and will very likely dip to sub $80k.
Bitcoin The Expected Crash Has Arrived The Cryptonomist He intends to continue to accumulate real estate, gold, silver, and bitcoin during this period as he considers these assets as hedges against the expected market crash. The bitcoin price has now fully retraced its crypto strategic reserve pump and is trading above $83,000 at press time. however, btc doesn’t have much support at these levels and will very likely dip to sub $80k.
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