“But, I Thought Bitcoin Was Heading to $10K?”
Funny how yesterday the idea that Bitcoin would drop to below $30K and some even went so far as to say $10K – this morning we are well above $39K and rising. Gotta love Bitcoin
Bitcoin price spike to $39K leads traders to say ‘the panic is over for a few days’
“Global financial markets and crypto markets were pummeled over the past 24-hours as the invasion of Ukraine by Russian forces sent investors scrambling and sell-offs took place across most asset classes.
Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin (BTC) hit a low of $34,333 in the early trading hours on Feb. 24, shortly after the Ukraine incursion began, and has since climbed its way back to $38,500 after an unexpected short-squeeze may have rapped bearish investors on the knuckles.”
