boring Days in the world of encryption are rare recently. Most of the leading digital origins have seen huge Volatility in the past few days, although Bitcoin (BTC) is a clear example.
Its price has settled for about $ 86,000 during the weekend before heading south at the beginning of the work week again. like Cryptopotato I mentionedIt fell to about 80 thousand dollars, and left the multiple rank millions on a 24 -hour scale.
Later, bulls enter and I pushed Evaluation to nearly $ 84,000. RevivalNevertheless, it was short -term and was Followed by another free fall to a low of $ 79,500.
As of the writing of these lines, BTC is trading about $ 79,700, Which represents 5 % decrease for today. The market value decreased to less than $ 1.6 trillion.
Although many participants in this field hope this is another temporary decline that can be replaced by renewing a renewed bull, others are not very optimistic.
Co -founder of Bitmex Arthur Hayes recently Propagate The BTC 78,000 dollars (the last time level at the end of February) can re -test. “If it fails, $ 75,000 is the next in Crosshairs,” he added.
Some of the scales on the chain supports the Hayes thesis. According to For Cryptoquant data, Excination Netflow has been positive in the last two days, indicating a shift from self -friction methods towards central exchanges. thisIn turn, increases the instant sale pressure.
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