Bitcoin Could Easily Bottom at $2500 ( Analyst & Expert Views)

As the price of Bitcoin struggles to stay above $6000, the eyes of the cryptocurrency world remain firmly fixed on the market leader.

Various analysts and experts have weighed in on Bitcoin’s current woes, providing their opinions on what the future holds for the first and foremost cryptocurrency.

One such expert is Luis Carranza, the founder of London Fintech Week, who told Express.co.uk that — despite reaching yearly lows — there are still plenty of reasons to remain bullish in the long term.

He twitted :-
Crypto is unpredictable. There are massive spikes and drops. $4500 could be the bottom, but there is nothing preventing $2500 from being the bottom. Likewise, as crypto becomes more mainstream the price tends to rise. Even if the price drops to $1000 there’s nothing preventing another surge to $14,000.

The current price of bitcoin is $5820 which has already broken the most strongest support level $5928. There is everywhere fear in tha market that it will easily bottom at $4000. BUt as it is a cryptocurrency market so nothing is expectable. Anytime anything can happen with the market.

The upcoming days will determine the market where it can go.
I'm personally bullish on cryptocurrency. The only thing we can do right now is keep hodling, So trade carefully.
Happy #Trading
Happy #Steeming