BITCOIN Bubble Again like 2017? or Gold Demand drop and BTC demand HIGH.
Institutional investor Jump in Crypto Market Help BTC hit all-time high 41,500$.
Bitcoin prices have rebounded slightly, following a sell-off from Friday’s high, where BTC /USD broke above $40,000, before facing a wall of resistance formed by the key psychological level of $42,000. The three-day sell-off resulted in a $10,000 depreciation in the digital currency, raising concern that the Bitcoin ‘bubble’ had officially burst. However, the pullback in prices is no comparison to the massive 949% surge from March 2020 low.
Remember: 2017 bull and crush 80% and 2020 BULL Little bit different due to institutional investor JUMP in but CRYPTO HIG Volatility market anything could possible like 2017, 50% correction not a big deal for current market price ( 50% correction from the all-time high is 20,000$
Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only and do not constitute investment advice. You should do your own thorough research before making any investment decisions Opinions, market data, recommendations or any other content is subject to change at any time without notice. ALL-MY-PIPS, will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Always Trade and Invest at Your Own Risk.