Friends, for several days we have been noticing that the price of Bitcoin was hovering around $30,000. This was good for us. Because since 2022 we have seen the market has gone through a very bad situation. And yet we see the market condition is very bad.

But maybe from some time ago we were thinking that the market might recover slowly. Now it is the opposite Last Thursday the market gave a big down. The price of bit coin comes to 26 thousand dollars. Not only this, it results in a loss of 7% of the entire market, which is a huge loss. Right now at the time I am writing this post, the price of Bitcoin has reached 25 thousand. Now let's talk about whether the price will go down further.

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What is the reason for the sudden drop in the price of Bit Coin? In fact, after a news of Elon Musk's company came out, the market value of Bitcoin started to decrease. But the news is being discussed whether it is true or not. If the news turns out to be false, Bitcoin will be seen at a better price. And if it doesn't happen, then bad days are waiting for us, maybe the market will go down further and we will see the price of bit coin come below 20000.

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According to me it will be dangerous for the trekkers as they will go through a lot of losses. But you can buy coins during such market time. Because when the price of bit coin decreases, the price of all other coins also decreases so this time you can buy BNB Ethereum these coins. But remember that it will take a long time for the market to recover.

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I think it will take many months for Bitcoin to recover from this sudden down. Maybe there is some good news waiting for us here. So friends, do you think the price of Bitcoin will increase or decrease further, please comment. Seen in a new post.