What’s Next?? Bitcoin Price Prediction & Bitcoin News Today (Bitcoin Analysis)
Bitcoin price is dropping back toward monthly lows, but analysts agree that the current range is a “buy zone.”Bitcoin’s (BTC) downtrend extended a few rungs lower on Dec. 3 after the price dropped under $54,000 and traders will note that the BTC/USD daily chart shows a notable uptick in sell volume.
Investors seem concerned at the emergence of a new COVID-19 variant and hawkish comments from the Federal Reserve. Meanwhile, veteran investment icon Charlie Munger added to the fire by comparing the price action in the crypto market to the dot-com era that ended with the bubble popping.
BTC affects all the stocks and cryptos like ADA, ETH, SOLANA, XRP, BNB. This whole week investors have been suffering losses and it reached a point where some investors’ accounts were liquidated.This week has been so NEGATIVE.
Will the market Crash???? That’s the big question Now???
Share your thoughts…..