March 29, 2024

The prolonged sideways movement could lead to a collapse of bitcoin in the region of $ 43,000.

The prolonged sideways movement could lead to a collapse of bitcoin in the region of $ 43,000.

Bitcoin stayed sideways for too long. This volatility at the top confirms fears that investorsfeel unsure about Bitcoin. Technical picture: Visual technical analysis, based on past experience of similar chart behavior, gives a target in the region of $43,000 per Bitcoin.
The prolonged sideways movement could lead to a collapse of bitcoin in the region of $ 43,000.

The decline itself may develop in the very near future.

A fundamental view:Bitcoin has a fundamentally sound price of $ 50,000. One trillion per set of bitcoins is quite realistic and current price. Do not forget that a trillion is 1% of the world money market. That is, you can grow from 3,500 to 50,000 and get a lot of X's from investing, but it is much more difficult to earn even one X when the capitalization is high enough.

Now let's see what happens next…

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