Author Topic: Bitcoin gains $1.5K in under an hour as BTC price erases days of downtrend (Read 382 times)

newshunter · « **on:** January 03, 2022, 01:05:30 AM »

Bitcoin gains $1.5K in under an hour as BTC price erases days of downtrend

Bitcoin rises above $48,500 in a show of strength as over $6 billion of options expires.

Source: Bitcoin gains $1.5K in under an hour as BTC price erases days of downtrend

Would appreciate your opinion about this

Altcoins Talks - Cryptocurrency Forum · « **on:** January 03, 2022, 01:05:30 AM »

This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here

Gravatai · « **Reply #1 on:** January 04, 2022, 10:06:31 AM »

The price of BTC is changing so quickly that it makes no sense to write articles about it. During the day, its price rose and fell by the same amount. In general, I believe that these price spikes are related to the buying of BTC by large companies that are trying to increase their portfolios and acquire BTC as cheaply as possible. When they stop doing this, then the price may drop to the area below $40,000.

Astra · « **Reply #2 on:** January 04, 2022, 03:18:50 PM »

Anyway, I don't see a $ 1,500 increase in the bitcoin price. Bitcoin is currently priced at $ 46,874. This is still one of the lowest bitcoin prices in recent years. Interestingly, the price dominance of Bitcoin continues to decline, which is already 39.4 percent. Is the capitalization of bitcoin falling or is the capitalization of altcoins growing?

bitbit97 · « **Reply #3 on:** January 04, 2022, 04:30:27 PM »

Bitcoin price is jumping here and there. I think it is no use or to early to speak about "gains" or recovery. It looks like since November, the price of Bitcoin did not make a major change. Even today, we see an increase, but tomorrow morning I am 200% sure there will be a price drop. I think we have entered stagnation stage. I no longer react on price changes and even rarely check current Bitcoin price.

yawar20 · « **Reply #4 on:** January 04, 2022, 05:32:36 PM »

The market is really unpredictable at the moment and bitcoin lossing 1.5k or more is just part of it. But the upcoming days are going to be green for bitcoin because there are some good prediction of it.