The return of bitcoin to levels above $20,000 does not mean that it has bounced off the bottom. Об этом инвесторов предупредил известный критик криптовалюты и сторонник золота Питер Шифф.
Don’t get excited about #Bitcoin being back above $20K. 20 is the new 30. This is just another bull trap. Nothing drops in a straight line. In fact, this slow motion crash has been extremely orderly. No sign yet of any capitulation that typically forms a bear market bottom.
— Peter Schiff (@Peter Schiff) June 19, 2022
On May 11, digital gold quotes failed this level. Около месяца цена оставалась вблизи психологической отметки, но 13 июня упала ниже $23 000.
On Saturday, June 18, the first cryptocurrency rate broke out the level of $ 20,000. A trader under the nickname Crypto Bullet allowed a price of price from $ 18,600. The local minimum was a mark of $ 17,760 (CoinGecko), after which Bitcoin really rose above $20,000.
“Nothing falls in a straight line. In fact, it’s a very orderly crash in slow motion. Пока нет признаков никакой капитуляции, которая обычно формирует дно медвежьего рынка», — заявил Шифф.
In May, he predicted a test of the $8,000 level by Bitcoin. In mid-June, an investor suggested that the minimum could be around $5,000.
In early June, BitMEX co-founder Arthur Hayes said that bitcoin, trading near $30,000, had reached the bottom of the current cycle.
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