ビットコインは$13,000以上の損失を経て回復し始める
After the Bitcoin price grew strongly recently and hit its highest level ever last week, the price began to decline on Sunday (February 21) and the decline continued throughout Monday, which led to the currency’s decline to $ 45,000, losing more than $ 13,000, then began to recover. On Tuesday evening, the most popular digital currency is back near the $ 50,000 level.
While the recovery in the cryptocurrency market is a welcome sight for bullish investors, the ビットコイン価格 still finds resistance above $ 50,000 and this level has not been confirmed as support.
Bitcoin is down from its high near $60,000
Bitcoin price reached an all-time high on Saturday (Feb.20) as it rose to $ 58,400, approaching the next massive resistance level of $ 60,000 then the price back to $46000 on Monday.
Fortunately, the leading currency began to recover on Tuesday, rising first to $ 49,600, followed by another correction to $ 45,500, after which, the price of bitcoin rose again, trading below $ 50,000.
At the moment, Bitcoin is experiencing strong volatility that will likely continue for some time, but it appears that the oversold is over, and the currency may be ready to continue rallying again.
The factors that contributed to the price decline
The significant decline of the leading digital currency is due to many factors combined, among them, the appetite of many to take profits after successive record gains in the currency, and strong resistance usually rejects the resistance price, the recent news is also likely to be positive but its negative impact on the price.
The recent statement of investor “Michael Perry” said that the government may try to crush Bitcoin, as he believes that the government may be concerned about its currency, which will make it make an actual effort to destroy it.
However, it wasn’t all that bad, with many others saying that Bitcoin is not a threat to the US dollar and the US economy such as Fed Chairman James Bullard who said so, but also stated that he is not optimistic about the future of the cryptocurrency.
プロのトレーダー兼アナリスト、2004 年から金融および外国為替市場のエコノミスト。エジプトのアメリカン大学で MBA を取得。モハメッドは、多くの国際外国為替および金融取引会社で経済ライターおよびテクニカルおよびファンダメンタルズアナリストとして、英語とアラビア語の両方で日々働いています。