Ask leo: is there any speculations that bitcoins will recover to an expected price ?

Source:https://www.analyticsinsight.net/bitcoin-recovery-is-a-facade-price-to-go-below-us12k-analyst/#:~:text=Bitcoin%20will%20Not%20Recover%3F,This%20crash%20is%20just%20beginning.
Crypto is undergoing a historic , and degree of variation of trade series options ,traders are seeing positive signs within the market in the wake of the ruckus and controversy that overtook digital-asset lenders and others in the sector. Bitcoin price recovery over the last two days is primarily due to a patronage from buyers looking to own the cryptocurrency at a cheaper price. However, BTC trading charts show it is still on a downward slope. As cryptocurrencies reel under the global downturn, Economic Daily has warned investors that the price of leading cryptocurrency Bitcoin is “heading to zero”. The warning came as the cryptocurrency market continued to face a meltdown with Bitcoin hovering around US$21,000 per digital coin on Saturday a substantial drop from its record high of US$68,000 in November last year. “Bitcoin is nothing more than a string of digital codes, and its returns mainly come from buying low and selling high that’s the concept many traders adopt and majority are waiting for the market to rise again.

Posted Using LeoFinance ^Beta

Posted Using LeoFinance ^Beta

Posted Using LeoFinance ^Beta