Bitcoin (BTC) price opened lower on Monday and continued the downside. BTC/USD lost more than 4% and moves in tandem with the crypto market falling down. The volumes move higher at $22,317,844,168, up 17.90% while price drops. Thus, it would be interesting if the price moves further down.
Bitcoin (BTC) price remains pressured on Tuesday around $41k.
More downside nearly 15% if weekly support broken.
Momentum oscillators remain oversold, expecting some bounce back.
Bitcoin could slide below $30K as the crypto bubble begins to burst: Invesco
According to Paul Jackson, global head of Invesco’s the current mass marketing of Bitcoin reminds us of the activity of stockbrokers in the run-up to the 1929 crash-the American stock market crash. Further as per their assessment, the world’s largest cryptocurrency could witness a 50% price decline in 2022 from its peak of around $68k in November. The digital currency rallied from $9k in July 2020 to above $63k in April 2021 before plummeting t
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