CryptoCurrency Prices Pullback | Bitcoin Prices Go down

in #bitcoin7 years ago

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As the crypto trading is at the peak and people or investors have interest in their prices. Considering that experts or analyst makes analysis according to the conditions and predict about the market that whats going to be happen in the future. So that investors have better understanding about the prices and market.

The price of Bitcoin is Approx $5200 in trading nowadays. Investors assume that the prices of Bitcoin will go more higher. But some of the experts also predict that the prices will godown and trade at $4000s for sometime. After that it will again a new position and go higher then now.
According to Luke Martin@VentureCoinist
After an exciting start to April for $BTC, price has stalled right around 5k.

  • If price can close above 5600 I would expect 6k to be reached quickly
  • I believe the pullback area of 4600-4800 is a more attractive buy than the current level
    Move slow. Wait for your play
    According to FXPro Team (FxStreet)
    Bitcoin still can decline to $4,200 or lower if some negative background appears

According to Magic@MagicPoopCannon
Bitcoin could see a 15% to 20% drop to $4,100 in the next 10 days,

Experts warns about the price drop or pullback in coming days. But this pullback is for sometime and Bitcoin will go higher again. So its not going to effect the long term investors.

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