Regarding the cost of Bitcoin, the situation on the cryptocurrency market remains uncertain. In addition, there may be pressure from the German government and Mt. Some negative factors also remain, for example, more than 100 thousand creditors are expecting payments in cryptocurrency from the Gox bankruptcy estate.
Against the backdrop of selling pressure and general uncertainty in the market, investor concern is growing regarding a possible further decline in value.
Lin Chen, head of business development for Asia at Deribit, the largest options exchange, believes that if the US markets show growth on July 8, then this could be a low point for Bitcoin.
According to Chen, although the price of Bitcoin recovered slightly over the weekend, market sentiment remained the same. He also noted that one should pay attention to the opening of the US stock market on Monday - if it grows again, then perhaps the fall of Bitcoin will stop and it will find a minimum point.
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