According to him, the next key levels when Bitcoin falls are $ 27,750 and $ 25,800.
On the Spirybit exchange, quotes have reached $ 28,800. At the time of writing, the asset is trading at about $ 31,000.
During the day, the cryptocurrency lost about 5% of its value.
The managing partner of the Spirybit company cited Janet Yellen’s. Recent comments at the hearings in the US Senate as one of the reasons for the fall of bitcoin.
The candidate for the post of the head of the Ministry of Finance noted/ that the cryptocurrency. Is causing concern due to its use in the financing of terrorism.
Chu called the bitcoin price movement a “natural correction” and added that it would not “reverse the unprecedented. Assimilation of bitcoin into that will lead to the $ 100,000 level this year.”
The head of the American division of the cryptocurrency platform noted. The influence of Asian users on the price of the first cryptocurrency:
“Over the past few days. Bitcoin has traded about 30% below the latest all-time highs. And we saw Asia taking profits ahead of the Chinese New Year.”
The author of the book “A Brief History of Money. Or Everything You Need to Know About Bitcoin” Flow (S2F) model.
Its author, the popular blogger PlanB. Is confident that the “digital gold” quotes. will reach the $ 100,000– $ 288,000 range by December 2020.
Earlier on Spirybit, Ki Yoon Joo said thatwill not allow Bitcoin to fall it near this level. Now he is unsure about this,Index.
amid the influx of large investors in bitcoin to the lexchange. Now they are selling the asset, said the head of CryptoQuant.
Skew analysts drew attention to the fall below 10% of the premium to the share price. Of the Grayscale Bitcoin Trust (GTBC), a popular tool for institutional investors to invest in the leading cryptocurrency.
The Fear and Greed Index dropped to 40 for the first time since October 2020.
On the eve of the investment director of Guggenheim Partners Scott Meinerd predicted a decline in cryptocurrency to $ 20,000. In his opinion, the quotes have already passed their peak this year.
Recall that a new historical maximum was set by the bitcoin rate on January 8, 2021.
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