"BITCOIN IS GOING TO CRASH " THIS IS WHY I SAY SO
Bitcoin's price volatility is a pressing concern for investors, and history has shown that crashes can occur. In 2018, Bitcoin's price fell by 65% from its peak, and in 2022, the collapse of Terra-Luna wiped out $45 billion in market capitalization.
Currently, Bitcoin has maintained a higher high and higher low pattern across both short-term and long-term hourly charts, suggesting stability.
However, the cryptocurrency market is known for its unpredictability, and external factors like regulatory changes or global economic shifts can impact prices.
Factors Influencing Bitcoin's Price:
Regulatory Environment: Changes in laws and regulations can affect Bitcoin's adoption and price.
Global Economic Trends: Economic downturns or upswings can influence investor interest in Bitcoin.
Market Sentiment