Copy-paste | Bitcoin will soon cease to scare its followers, says the analyst

The Bitcoin exchange rate has reached a very important support, formed by the Fibo level of 0.5. As the results suggest analysis, cryptocurrency is ready to grope the ground under its feet. Probably, it has already reached the bottom in the region of $ 6600.

For the week of November 17-24, bitcoin lost in valueabout 20%. Although the debate about the reasons for this drawdown does not subside, many nod to China, which first encouraged the markets with its keen interest in blockchain, and then showed a tough anti-cryptocurrency mood.

Analyst and trader @davthewave comments thatBitcoin exchange rate has dropped significantly over the past week, triggering a wave of panic in the market, in fact there is no reason to worry. This is bitcoin, and it is always very volatile. Moreover, the crypto enthusiast emphasizes, the currency has already won back half of the losses.

Continuation of the link: https://beincrypto.ru/bitkoin-skoro-perestanet-pugat-svoih-posledovatelej-uveryaet-analitik/