{"id":4275,"date":"2021-01-26T07:14:05","date_gmt":"2021-01-26T07:14:05","guid":{"rendered":"https:\/\/atozcrypto.org\/?p=4275"},"modified":"2021-01-26T07:14:05","modified_gmt":"2021-01-26T07:14:05","slug":"what-market-analysts-have-to-say-about-bitcoins-falling-price","status":"publish","type":"post","link":"https:\/\/atozcrypto.org\/what-market-analysts-have-to-say-about-bitcoins-falling-price\/","title":{"rendered":"What market analysts have to say about Bitcoin\u2019s falling price?"},"content":{"rendered":"

Bitcoin\u2019s price has been dwindling for quite sometime. This weekend, its price stayed between ($33,000-$35,000), with an average of $32,000. Market analysts say that Bitcoin is struggling to keep its price up.\u00a0 However, other cryptocurrencies<\/a> like Chainlink and Aave are continuously rising upward.\u00a0<\/span><\/p>\n

\"Back<\/a><\/p>\n

According to analysts, this decline in price due to increased selling pressure from Asian countries (from January 20th). In other words, institutional exhaustion.\u00a0<\/span>
\n\"\"<\/a><\/p>\n

Some people are finding a silver lining in the current situation too. They believe that this coin’s price will reach $100K by this year\u2019s end. Willy Woo thinks that\u00a0 Bitcoin\u2019s<\/a> SOPR (Spent Output Profit Ratio has seen a downfall.\u00a0 Investors want to sell their assets, even for a loss, which is less likely to happen.\u00a0<\/span>
\n\"cloudways\"<\/a><\/p>\n

It\u2019s an interesting situation, and investors have to see if Bitcoin ever recovers from this position. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price has been dwindling for quite sometime. This weekend, its price stayed between ($33,000-$35,000), with an average of $32,000. Market analysts say that Bitcoin is struggling to keep its price up.\u00a0 However, other cryptocurrencies like Chainlink and Aave are continuously rising upward.\u00a0 According to analysts, this decline in price due to increased selling pressure …<\/p>\n","protected":false},"author":1,"featured_media":4276,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pgc_meta":"","_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[61],"tags":[137,138,179,180,170,184,139,134,140,136,164,193],"aioseo_notices":[],"yoast_head":"\nWhat market analysts have to say about Bitcoin\u2019s falling price?<\/title>\n<meta name=\"description\" content=\"Bitcoin\u2019s price has been dwindling for quite sometime. 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