Bitcoin rapid decline

in bitcoin •  2 months ago

While Bitcoin is at a price of $ 7200, no one expected it to fall to around $ 6,300- $ 6,400 as a result of a $ 1,000 loss in a night and fall into a downward trend. In this case, the target price for bitcoin is $ 5800- $ 5900, and it will also confirm that at the end of September, the US SEC will fall back to $ 5900 in BTC risk due to ETF approvals. However, the US Securities and Exchange Commission's ETF approval process is available for a delay of up to 240 days. So you have not waited for cash and I think that if the train starts to drop to $ 5,900, some purchases will be allowed. It is not an investment recommendation.

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