Bitcoins price has recovered from this meltdown some what but price reaming too low growing. The coin reclaimed $17.7k+ this week and remains at the price point as of view.what do you think,bitcoin price is still correction? I personally thinking about that bitcoin price will be recover again.
The bitcoin price managed to stabilise around the 16,000 USD level and is recovering now. With Christmas around the corner and the year being almost over I think that there is not going to come another correction. People are looking forward to end 2022 a bit more quietly. We probably would have already much higher prices today if the FTX disaster didn't happen. All the crypto prices were recovering nicely and I was already dreaming of reaching 30,000 USD again at the start of 2023. And then FTX disaster happened to send all prices crashing again. Everybody who managed to buy bitcoins at 15-16,000 USD did a good trade in my opinion.