Bitcoin (BTC) Will Bounce Back Says 5 Analysts

Bitcoin (BTC) price dropped over 30% in a week from $59.3k to $41.9k, according to CoinGecko. This price drop made many crypto investors and analysts wonder whether BTC will recover from its loss. Let’s look into 5 analysts’ points of view on BTC. Firstly, Forex Live analyst Adam Button is bearish on BTC, however, specifically not crypto. Moreover, Button made a clear view that BTC is not the currency of the future, and it is time all stopped to pretend. Button believes that crypto will recover, and there is a chance for the best crypto to overtake Bitcoin in due time. Analyst Antony Portno, Founder of Traders of Crypto bearish on BTC. He mentioned that it is not evident how the recovery of BTC could take place. However, Musk’s BTC rejection is the first sign of crypto-in… This article was first published on coinquora.com Continue reading on CoinQuora We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

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