Crypto-Follow logo Crypto-Follow logo
Ethereum World News 2022-05-07 17:00:50

Bitcoin Could Find a Floor at $28k – BTC Analyst

Summary: Bitcoin could find a floor at $28k based on its correlation to the S&P 500 $28k also happens to be close to Bitcoin’s current Metcalfe value of $29k Bitmex’s Arthur Hayes had previously warned of a drop to $30k by the end of June Short-term sellers have dominated Bitcoin’s decline in the last few days The number one digital asset of Bitcoin (BTC) could find a floor at the $28k price area. This is according to a forecast shared […]

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer