{"id":4150,"date":"2020-09-27T16:51:23","date_gmt":"2020-09-27T16:51:23","guid":{"rendered":"https:\/\/atozcrypto.org\/?p=4150"},"modified":"2020-09-27T16:51:23","modified_gmt":"2020-09-27T16:51:23","slug":"bitcoin-price-market-trend-a-comparison","status":"publish","type":"post","link":"https:\/\/atozcrypto.org\/bitcoin-price-market-trend-a-comparison\/","title":{"rendered":"Bitcoin Price Market Trend: A Comparison"},"content":{"rendered":"
After reaching new heights for quite some time, Bitcoin\u2019s price dipped to $10,000. Since then, it hasn\u2019t reached its initial position. According to Bitcoin<\/a> trader Tone Vays, Bitcoin’s price may reach new lows to $9,000, which might be an ideal opportunity to invest. If this situation reverses, and the price reaches the previous $12,500, then we don\u2019t have to worry about anything.\u00a0<\/span><\/p>\n <\/a><\/p>\n But is there any risk associated with this downward trend? Yes, there is a minimal risk of 35%. However, if we are to consider the worst case, it may dip even further to $7,000. This may result in a more bullish, rather than a bearish trend. Quantitative Analyst PlanB agrees with this prediction. Michael Van de Poppe, another cryptocurrency<\/a> expert have the same opinion about the current trend of Bitcoin\u2019s price and concluded that it\u2019s best to hold Bitcoins for now. <\/span><\/p>\n