Cryptocurrency

World Business Watch: Bitcoin once again slips below $20,000 | Cryptocurrency | Latest English News



Bitcoin on Sunday dropped 1.54% to $19,804, slipping from the 20,000 mark after losing $310 from its previous close. The world’s biggest and best-known cryptocurrency is down 58.9% from the year’s high of $48,234 on March 28.

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19 Comments

  1. According to Wion (This News Network). Since 2001 China gained 120 Trillion in wealth and became the richest country in the world. Wion also reported that India lost 45 Trillion (A world record loss by a country).

    Wion: At $514 trillion, China overtakes US in terms of amassing the biggest net worth

    Gravitas: How Britain Looted $45 Trillion From India

  2. After losing so much to stock market, One best investment decision I ever made afterwards was investing in financial markets. Which has earned me $34,970 profit every 14days lately. Trust me guys it pays a lot.

  3. Here is your non bot comment lmao i take this advice and made this much money lmfao go touch some grass. Here's an advice Rich people keep quiet.

  4. The fact is this, if inflation continues to stay high in the US, Bitcoin will lose most of it's value over time. Bitcoin, primarily, is an exotic way to store the value of the American dollar outside of ordinary investments. Bitcoin investors will liquidate their holdings to pay for goods and services that are increasing in price by the day. Once the Great Liquidation of Bitcoin has ended, and if inflation is still rampant, US stock markets will follow suit. Which is go down in price like the Japanese stock markets did decades ago.

  5. find your knowledge fantastic and the way that you explain is a great help. <I would love to know how you studied this all. <In as much I would like to add to what you have said here the market is in a tug of war with the bull at one side and the bears at the other end. If this is really a bear market rally then Bitcoin is not done going down, just like stocks are not done going down. We are seeing the positions filled, the price goes, up, then a new wave of selling comes in, hit the new orders again and repeat, looks like someone accumulating hard. From a technical perspective, as expected, the price might continue to move lower so this is a normal process and bitcoin is accumulating bullish tradng volume. My hope is that by the fourth quarter, the economy will be slowing enough that the Fed says we are going to pause, and then you will see the next crypto cycle start. I have witnessed the last 3 cycles and just before each bull run the amount of bear posts and negativity around crypto is just like it is now. Bitcoin is entering the area of where a bottom will be formed IMO. Please note this could take months and there will likely be further volatility in both directions. Despite the volatility that has ruled the market this year, being a retail trader in the crypto market and implementing strategies/signals from Jack Muller a professional broker/tradr that has been my mentor, I have accumulated 2.5' btc! in profits although the rates are capricious wiping out some of my profits, people who are open to learning from history, will survive It’s not that difficult. You can reach out to Jack on <ͲeIєɠɾαm his personal handle is 👉🏻 @ JACKMULLER

  6. I appreciate you and your content < Technical Analysis is good but I find It truly baffling that major crypto youtubers just look mostly at pure T.A and completely ignore the bigger narrative of why BTC is pumps/pumped and why the future outlook will be even rosier than it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market. More emphasis should be put into day trading as it is less affected by the unpredictable nature of the market. I have made over 14 btc from day tradng with Boston Weber insights and charts.His been one step ahead of other analysis…

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