Bitcoin Drops Below$31K
Bitcoin may have dropped below $31K this morning but hey, there’s an upside to everything – great time to buy some cheap Bitcoin! If one were to buy BTC now, there’s not much doubt that at the very least you’ll double your investment when Bitcoin breaks its all-time high, at the least because we all know it is going WAY beyond that
Bitcoin price dives below $31K after lowest weekly close in 8 months
“Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting local lows of $30,630 on Bitstamp on Monday.
Coming a day after Bitcoin’s lowest weekly close since December 2020, the price action underscored the sensitivity of a market with low volume and network fundamentals still in their recovery phase.
Traders had broadly predicted a move downward after Bitcoin had failed to hold on to support levels higher up, with the integrity of $30,000 itself being called into question.
‘Volatility, finally for Bitcoin,’ in-house trader and analyst Michaël van de Poppe summarized.”
https://cointelegraph.com/news/bitcoin-price-dives-below-31k-after-lowest-weekly-close-in-8-months