"Bitcoin Will Fall Under $50,000" - Is This True?!
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Red means prices are down and that could mean an opportunity to average down on positions. But what we’re seeing right now is not just another small fluctuation, it’s a pretty big pull back. To illustrate what I’m saying, Bitcoin ended up dipping under 55 thousand dollars. This is a price we haven’t seen since the big climb in February that led to a record high over 73K. Now there seems to be some panic about Bitcoin being in a downtrend and potentially falling even lower towards 50K. But is this actually going to happen? Is Bitcoin going to go even lower than 50K? And what’s going to happen to our crypto portfolios that we’ve worked so hard to build this cycle? In this video I’m going to address all of these pressing questions, and talk about what I’m personally doing with my crypto at a time like this.
If you have any questions just comment below and I'll be sure to get back to you.
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DISCLAIMER: All of the information presented is strictly for educational and entertainment purposes, nothing should be taken as legal or financial advice. The video content represents the opinions and experiences of the speaker (Summer). Investments in both crypto-related and real world assets pose a certain degree of risk and this content will never suggest or recommend any type of investments. Please do you own research and asses your personal situation before making any financial decisions.
Stay safe everyone!