As we can see right now, bitcoin is going down again to $10,000, so the question is, when do you think will this repeating crashes end and reaches back to $20,000 again?
What will be the lowest value of bitcoin in the end of January?
Will it be able to recover back to $20,000 by the end of this month?
Well this month crash was something big which we as a trader never expected and now we are in a deeper correction and i think this crash is going to continue till this month end and also it may continue to next month also if there is no signs of strength seen by this month end.And i can see that there are no chances to reach again to $20,000 price levels and this month lowest value is expected to be around $9000-$8000 and this is where the current market is trading.By thi month there are no chances to reach $20,000 again as there are weakness spread all over the crypto market and it is better to stay away than making some loss trades/