Home / Altcoins / Crypto Whales Attack the Market, Bitcoin downtrends at $3,250

Crypto Whales Attack the Market, Bitcoin downtrends at $3,250

Many analysts made a price prediction on bitcoin a lot of crypto market has lost billions of money in the market. The total crypto capitalization of all cryptocurrencies is threatening the break down about $100 Billion.

The most popular Bitcoin lawyer and Fundstrat Global Advisors, Tom Lee, believes that the fair value of Bitcoin is between $13,800 and $14,800. He expects the price to rebound if the asset class is widely embraced and its user adoption increases.

The current price of Bitcoin is $3,259.20 which last from $3,329 i.e. in the last 10 hours the price dump by $100, according to “Bobby Lee the price of Bitcoin apparently many people have voted that #Bitcoin will go below $2,500 in this bear market. I’ll be very surprised if it ever hits $2,000 again. I suspect there will be a lot of buy orders and support at both $3,000 and $2,500 mark. We will see!” 

Soon, the Bitcoin may reach down to $2,000, it may break, sink the currency till $1,800.


The other coins are also in the downtrend with the Bitcoin, whereas other stablecoins such as Ethereum, Ripple, etc, and all top 10 coins are have lost a billion of money in the crypto market. 

Tether and Litecoin are trending and seems always green in the whole market. The market may or may not pump high.

 

  • 1
    Share

Check Also

Japanese Finance Expert and Professor Iwashita on Blockchain and its Future

Japanese Finance Expert and Professor Iwashita on Blockchain and its Future

Professor Naoyuki Iwashita is leading the University Blockchain Research Initiative (UBRI) in Kyoto University. The …

Leave a Reply

Your email address will not be published. Required fields are marked *