Home Blockchain News Bitcoin Could Plunge to $3,000 Even if it Surges Above $4,200: Trader

Bitcoin Could Plunge to $3,000 Even if it Surges Above $4,200: Trader

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By CCN.com: In the past 48 hours, the valuation of the crypto market has increased by $6 billion from $136 billion to $142 billion, accompanied by the strengthening momentum of bitcoin. Tokens and low market cap crypto assets have continued to demonstrate strong gains against both bitcoin and the U.S. dollar, with Decentraland (MANA) recording a gain of over 34 percent on the day. However, despite the strong performance of crypto assets and the stability of bitcoin at $4,000, one cryptocurrency trader sees bitcoin dropping to $3,000. Why Back to $3,000 For Bitcoin? According to one cryptocurrency trader, even if bitcoin

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* First published on ccn.com

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