Bitcoin is dropping around 200 million a day.

in hive-175254 •  3 years ago 

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Saturday 4-12-2021 the bitcoin price was really unstable, today the bitcoin price slumped or fell by 16.83 percent to the range and bitcoin 47.197,18 US dollars.

A week ago 13.24 percent, the price of bitcoin plunged or fell to 15,000 US in the last 24 hours. Will all of this last long or will it decrease drastically.

What we all know is that the price of bitcoin fell because it was caused by the emergence of the Covid-19 variant of the Omicron and the expectations of the policy of the United States Central Bank (The Fed) in the midst of high inflation.

For that some people use this opportunity to add or buy bitcoins at low prices. this can be a great opportunity and a new challenge for crypto.

Thank you for taking the time to read it.

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Greetings @kurza, really this can be a new challenge for the world of cryptocurrencies, to return at this time to a downtrend, which will pull back all cryptocurrencies in the market, but it is also a great opportunity for investors to make new investments at low costs, just have to wait what the market will do, and take position in the market.

Yes, what you say is true and we also have to be careful when we want to buy it. learn well where is the right time to buy.