BernardMikhail1

Bitcoin Price Analysis

COINBASE:BTCUSD   Bitcoin
The last 24 hours remained hopeful for bitcoin as it showed signs of improvement. The previous few weeks have shown fluctuations on its side as it kept oscillating between highs and lows. Bitcoin started its journey at the high of $59K and then came low to $46K, which has been a truly trying time.

December kept it fluctuating as there was no steadiness in its movement. The changes were mainly resultant from changing situation of the US economy and Omicron. The more the cases of Omicron variant grew, the more investor trust eroded, resulting in liquidation. There has been support in capital investments and changes in interest rates. NFTs are another addition that could save the market from losses.

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