Kororfx

Bitcoin Will Drop Down till $4000 For Short

COINBASE:BTCUSD   Bitcoin
This analysis is based on Price action, Indicators with BTMM Method, and it's reffered for educational Purpose.

Bitcoin Prediction

Bitcoin, Bitcoin… Is there anything new to say about this cryptocurrency at this point? Even people who have zero interest in the industry have heard its name. As the number one cryptocurrency, it enjoys unimaginably high prices (up to $60K), a lot of attention, and, of course, much scrutiny.

Bitcoin, alongside the rest of the crypto market, is known for its ability to overcome any challenges and have strong comebacks despite everyone writing it off. Various financial experts have been predicting that the Bitcoin bubble will pop “in the near future” every month without fail for the past eight or so years. And yet, the coin still remains on top, and BTC investors enjoy high profits.

However, the crypto industry is rapidly changing, and some crypto enthusiasts are starting to doubt whether Bitcoin is still worth investing in.

Please note that this is our long-term Bitcoin price forecast. This article does not constitute financial advice, and we are not investment advisors.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.