More dip to come on the bitcoin market?
[Coinmarketcap.com](Coinmarketcap]
Just when I thought that the
bearish trend on the bitcoin market have come to am end , it seems I was wrong, the bitcoin price keeps going lower and it is currently trading at the price of $19900 and it seems it is will continue to go lower..
I noticed that the bitcoin market started to continue its bearish movement some few minutes after the announcement by the U.S federal reserve boss concerning their plans to increase the interest rate which they want to use to fight inflation...
So I am wondering, should we expect more massive dip on the bitcoin market or the market is only temporarily reacting to the news and it will come back up?? I would love to hear our thoughts on this...
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Looking at the fundamentals there might be more dip on the bitcoin market...!hiqvote
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