Bitcoin price volatile week is expected

in Steem Alliance2 years ago

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Hello how are you? The price of Bitcoin (BTC) yesterday above 28K which records a 28% increase in the last 7 days being the highest rise in a week after a long period without doing so to be specific since 2021.

Bitcoin's rise occurred as everything already knows the bad situation that the United States is living and the investor has the eyes to the Bitcoin digital gold after the aggressive increase in the face of the great bankruptcies of banks that occurred in the United States so You can expect a totally volatile week for bitcoin and all cryptocurrencies.

I think that the economic stability of our pocket is more important than the hyperinflation that is to come, however the market can react positively or negatively or something worse can come if the scenario lends itself to the catastrophe.

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Bitcoin is gaining strength

Currently, the active crypto market is the best option at this time so that investors can have their money more safely since you can expect a positive balance in recent days that are to come or simply investors can invest in the long term taking advantage of all what happened about the financial crisis that USA

For anyone it is a mystery that BTC reacts positively to financial turbulence, gains legitimacy as a decentralized value deposit. That is why some are seeing it as digital gold as mentioned above. And considers that this effect is accentuated over time and if this narrative continues its price would continue.


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BTC is thoroughly advancing fast, I wonder where it will lead.

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