BTC could face huge loss, investors should know some real facts

Most of the crypto experts and market traders are expecting that BTC will going to face huge price change to either upside or downside.


Today BTC price is trading at 30031 . Last 24 hr. price range was observed between $30330-$29632.

Blackrock CEO Larry Fink believes cryptocurrencies will surpass any single currency's influence, highlighting the growing global interest in digital assets.


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BTC price change last week


 

BTC market situation right now!!! Investors should know all facts:

Bitcoin (BTC $30,212) is starting another week above $30,000 but it is going nowhere as the market numbers for several months refuse to change. BTC price action is giving traders little more than a depressing sense of deja vu as they wonder what it will take to reverse the trend.



 

Technical analysis and posibilities:

Technical analysis for BTC is standing on high volatility mode for running week, most of the crypto experts and market traders are expecting that BTC will going to face huge price change to either upside or downside. As our technical analysis price could move $31500-$29872.

Three have huge possibility that due to declining buying pressure, if BTC could break the previous support level at $29872 then the next price level will seen at $27500 range.

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