Post
Topic
Board Speculation
Re: Crypto experienced bloodshed
by
bestcoins1
on 23/07/2023, 15:56:21 UTC
If we look at market conditions, especially this week Bitcoin prices are weakening plus the US Dollar Index (DXY), which continues to soar to peaks. yes. this was fueled by the prospect of US interest rates remaining higher and no respite. However, my view may be used as an accumulation stage for some investors and financial institutions, of course.
I'm sure you've been visiting the market a lot lately so you can give some insight into prices, especially for Bitcoin prices. But I think the price of Bitcoin is still not weak right now because it is still near $30K and if you look at the price of Bitcoin in the last few months nothing has gone past $32K either. This means that the current Bitcoin price can still be said to be strong and not weakened because of the US Dollar, but I don't understand why you even say that the current Bitcoin price is weakening.