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Learning & News => News related to Crypto => Topic started by: newshunter on May 10, 2022, 07:00:25 PM

Title: Bitcoin price falls to $31K as traders prepare for a ‘rocky’ road and more downside
Post by: newshunter on May 10, 2022, 07:00:25 PM

Bitcoin price falls to $31K as traders prepare for a ‘rocky’ road and more downside

BTC price hits a 2022 low as on-chain data points toward capitulation by traders adopting a risk-off approach to crypto and stocks.

Source: Bitcoin price falls to $31K as traders prepare for a ‘rocky’ road and more downside (https://cointelegraph.com/news/bitcoin-price-falls-to-31k-as-traders-prepare-for-a-rocky-road-and-more-downside)

Would appreciate your opinion about this

Title: Re: Bitcoin price falls to $31K as traders prepare for a ‘rocky’ road and more downside
Post by: Noverteno on May 11, 2022, 07:44:47 AM

Last year we saw a very strong rise in prices in the cryptocurrency market, so their fall after that is quite normal. The price of bitcoin may well fall to $24,000, as experts in this market predict. I think that crypto enthusiasts who have been working with cryptocurrency for a long time perceive this situation quite normally and without panic. After a big drop, a good rise will follow again.