According to a chart published by Bloomberg, the 50-day moving average approaches the 200-day moving average. If he touches the second, or worse, falls under, we can start talking worse scenarios for Bitcoin.
In view of these trends, Paul Day, a technical analyst at Market Securities Dubai, who compared Bitcoin's price to Bitcoin's price in 2013, said that Bitcoin could fall to $ 2,800.
Day:
There has been a definite change in the last few months after bubble activity in late 2017.
Living people are likened to 2013
The year 2013 is known as the year of the worst bumps in Bitcoin history.
Bitcoin, which fell back from $ 233 in April to $ 67 for the first time in the year, suffered a major earthquake, falling by 71% in 12 hours. Crypto money, which displayed an extreme volatility following this incident, set a record at $ 1,126 on November 30, 2013, but fell by 19% in 24 hours to $ 1,155.
The crypto money, which rose by 47% in the next move by 41%, declined by 503 on December 19, 2013. After declining all time record in the first week of December, Bitcoin failed to reach the $ 1,000 barrier for three years with a decrease of 56%.
What do the numbers say?
This is the way Bitcoin followed in the last 2 weeks. What are you thinking?
