This dip is ongoing and nobody can say for sure when it will be exhausting or how fast the price might be able to recover.
Obviously we have been way off our prediction here for a low at 38,000 and the price is struggling for support and buyers.
News:
Bitcoin skids to six-month low as fears of Ukraine conflict shake markets:
Bitcoin tumbled almost 9% on Monday to its lowest in six months as fears of a Russian attack on Ukraine saw riskier assets worldwide extend their sell-off.
The largest cryptocurrency was trading down 8.8% at $33,058, its lowest since July 23, taking losses from its all-time high of $69,000 hit in November past 50%.
The U.S. State Department said on Sunday it was ordering diplomats' family members to leave Ukraine in one of the clearest signs yet that American officials are bracing for an aggressive Russian move in the region. read more
Fears of conflict pummelled shares across the world while bolstering the dollar and oil.
Nerves over the U.S. Federal Reserve's two-day meeting, starting on Tuesday, added to the mix, with the central bank expected to confirm it will soon start draining the pool of liquidity that has supercharged growth stocks.
No Love today, we hope things can become better soon
the FXPROFESSOR
Obviously we have been way off our prediction here for a low at 38,000 and the price is struggling for support and buyers.
News:
Bitcoin skids to six-month low as fears of Ukraine conflict shake markets:
Bitcoin tumbled almost 9% on Monday to its lowest in six months as fears of a Russian attack on Ukraine saw riskier assets worldwide extend their sell-off.
The largest cryptocurrency was trading down 8.8% at $33,058, its lowest since July 23, taking losses from its all-time high of $69,000 hit in November past 50%.
The U.S. State Department said on Sunday it was ordering diplomats' family members to leave Ukraine in one of the clearest signs yet that American officials are bracing for an aggressive Russian move in the region. read more
Fears of conflict pummelled shares across the world while bolstering the dollar and oil.
Nerves over the U.S. Federal Reserve's two-day meeting, starting on Tuesday, added to the mix, with the central bank expected to confirm it will soon start draining the pool of liquidity that has supercharged growth stocks.
No Love today, we hope things can become better soon
the FXPROFESSOR
✨🦄 💎🚀 CRGPT Token : Join the Crypto AI Revolution 🌟 www.cryptogpt.io/
🌐FOREX SPECIAL: fxprofessor.com/forex-special 💡💙💬 Public Telegram: www.t.me/fxprofessor88 💎
🌐FOREX SPECIAL: fxprofessor.com/forex-special 💡💙💬 Public Telegram: www.t.me/fxprofessor88 💎
