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Bitcoin Crashes To New Low - Warning

Watson

Moderator
Bitcoin Crashes To New Low - Warning

Could this be the end of Bitcoin as it crashes to a new low in the past two years this might be a stack Warning as the digital currency kept crashing now at a 12% low in the last few days and

Is now at its lowest since December 2020, the price is going down and down now to under 24,000 dollars in exchange for one bitcoin

It may also interest you to know that since Bitcoin started after the 2008 economic recession, it has gone up and kept going up in value exponentially for the past 10 years.

However, while Crypto has had many falls in the past, it always rises, though more investors are now beginning to worry if the recent fall of bitcoin servers as a warning AS past performance may not be an indicator of future long-term rise and performance

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While many believe it will rise again, that the current crashes of Bitcoin are triggered by the Russia and Ukraine war and emotions, also the fact that Crypto is heavily influenced by markets, politics, and governments of different nations also being against the cryptocurrencies

Unlike previous years, there have been some very the past few years ever since 2020, there have been unprecedented events around cryptocurrency you would love to know: among them are

  • - Complete crash of Terra and Luna
  • - Russia's invasion of Ukraine
  • - Rising inflation
  • - Rising cost of electricity for crypto mining
  • - Signs that the U.S economy may be hit by another recession not seen since the 2008 crisis.
  • - Announcements of new crypto regulations by governments.
  • - Celcius is a major crypto lending company halting crypto transactions. and many other unprecedented events

If the U.S experiences a repeat of the 2008 crisis or is close to it, crypto like bitcoin could fall to zero some people say, or eventually recover but at a much lower top price but that may not be happening any time soon.

While some people think, now is the perfect time to buy Bitcoin, to them it's a good idea to buy bitcoin now and hold for 3 to 5 years, even if the recent Bitcoin Crashes is a potential death sentence for crypto, some Bitcoin traders are taking the risky by buying more Bitcoin doing just a few opposite to what many traders are doing now, which is selling their Bitcoin


Right now Bitcoin which is the major cryptocurrency coin is going down daily, Rob Moore shares his view. WATCH Video Below


Video Source: Rob Moore FB Live Video
 
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