Bitcoin make a sharp decline yesterday to 113k

[magnus2022]

Bitcoin tumbles from 117k to 113k as of yesterday! The bitcoin decline caused a little panick in the cryptocurrency market as other cryptocurrency follw the same pattern. According to cryptocurrency analysts, the downward trend was least expected by investors! Most top market analysts don't see it coming and many are still confused by bitcoin sudden pattern change.
Cryptocurrency market is highly unpredictable and can swing in opposite direction that will leave many investors devastated!

 

[Kross]

I was actually expecting a correction in the price of bitcoin after all the hourly breaking of all time highs last month. I expect the price to decline even further to around $105k.

 

[uptrendfinancialsignal]

I believe the decline in Bitcoin demonstrates the risks that the market carries. The fluctuation is so insane that it just goes up and down in the blink of an eye. That is the reason why I do not put a lot of money in it. Anything is possible any time.

 

[Sociallover]

Bitcoin has dropped from $67,900 to $65,600 as of now. This shows that bitcoin is in a really bearish condition. The price may drop even more in case if the federal reserve increases interest rates even more. This usually leads to massive liquidation of assets like cryptocurrency.