$BTC
The price of Bitcoin has been sideways for 3 days.
I confirm that the price of Bitcoin will drop as it is very expensive for investors to buy it. And for large or medium investors, see what, if the price of Bitcoin does not increase between today or tomorrow above $53,000, a new price correction will occur, placing it between $50,000 and $47,000 in the first 7 days, and in the next weeks if the demand did not exceed $47 thousand, the price of Bitcoin would decrease approximately between $43,000 -$39,000.
Of course, it is up to each individual, and the risks are the responsibility of the investor.
Unlike others who have published at one time that the price increases and at another time the price decreases or that it is going to increase and shoot to $60,000, I suggest that looking at the forecast of the last 3 previous days and the situation of the FED, with respect to the dollar inflation rate, the price of bitcoin will probably suffer a drop in demand, because this means that although there will be greater liquidity in the market, the dollar will depreciate.
What do you think about this? Will the price of Bitcoin continue to rise or fall below $50,000?
Leave me your comments what you think about it.
