CRYPTO NEWS - Bitcoin Broke Through the Support of $40 Thousand. All Gone?
00:02 Intro
01:15 Crypto News
02:01 Bitcoin News
03:12 Ethereum News
05:02 Bitcoin Technical Analysys
06:55 Bitcoin Price Prediction
08:00 Outro
Cryptocurrency market participants are increasingly panicking as bitcoin hit another low yesterday, falling below $40,000 for the first time since September 2021. Is it really that bad? Let's break it down.
Michael van de Poppe expects growth
Let's start, perhaps, with popular trader Michaël van de Poppe, who has a whopping 555,800 followers on Twitter. He rightly wrote today that when bitcoin was worth $65k, people wanted to buy it cheaper. Now that the price has dropped 40%, people want to buy it even cheaper - at $30k. But if bitcoin is worth $30k, people will still wait for it at $20k.
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