Crypto Prices Could Be In for Another Big Crash, With One Expert Predicting ‘It’ll Get Scary’
— Implosion, Crypto —, Coming weeks, Friday, 000 level, Macroeconomic environment could get worse going forward, Scary, Emergency fund, Thinking, Mind — 1 min read
Bitcoin, the world’s most valuable cryptocurrency, dropped below $20,000 this week. Bitcoin is sitting nearly 70% below its high of $68,000 in November. Experts say there could be at least one more big crypto crash on the horizon. Bitcoin has not yet retested the $19,000 level as resistance, but if it does and falls back down, it would be “a very bearish signal,” says Marcus Sotiriou. Cryptocurrencies are notoriously volatile and risky, so investors can see market swings as much of as 15% in a matter of hours in the crypto market, so be ready to protect your finances and make sure you feel confident about your budget, debt, and savings. Source