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Crypto Specialist Chris Burniske Shares Possibility of BTC to Retest at Further Lows

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bitcoin (BTC) price Analysis
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  • Chris Burniske, on his twitter handle, gave deep insight into how the future crypto market trends could occur.
  • In the ongoing market trend, BTC could reach below $5000, $4000, or even $3000.
  • According to Chris, the coordination market present in western countries need to get upgraded to reflect better market conditions.
  • Bitcoin works as a reserve asset in the crypto economy when the markets are down.

Avid cryptocurrency specialist Chris Burniske on his twitter handle gave deep insight into how the future crypto market trends could occur and where Bitcoin could retest again.

His predictions were given in a few steps which covered every turn the crypto and Bitcoin market could possibly take.

The recent gain after the huge plunge of Bitcoin gravely observed to which Chris reported that the current scenario is fuelling to help Bitcoin and crypto in the long term run.

However, both Bitcoin and Crypto will lose grounds if they place themselves in losing their market value, which brings another sell everything moment.

But in the ongoing market trend, if Bitcoin and other crypto were to retest again where BTC could reach below $5000, $4000, or even $3000.

Chris is hoping for Bitcoin to gain

Chris is optimistic this is the right time to yield some invests by trading with Bitcoins, which is done in the right zone performing week by week.

Bitcoin works as a reserve asset in the crypto-economy when the markets are down.

Also, Chris is expecting the top-performing and quality crypto such as Bitcoin and Ethereum to climb back up, showing their best capacity and navigate back to the top at new heights.

According to Chris, the coordination market present in western countries need to get upgraded to reflect better market conditions.

New systems that are being developed will replace the old aged systems and during which the faults and holes in the previous systems will be brought to the surface and equally cover them.

Chris is anticipating the central bank activity to spike in on the inflationary event to help them cope up with the economic damage and avert the much in their direction.

As an ending note, Chris shared with his fellow followers to stay positive in this market trend as the next movement of assets cannot be determined but should hope for the best.

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