Bitcoin for the cloud remains at USD 27K
Hello how are you?. The price of Bitcoin from yesterday to today has remained stable between USD 27.3 and 27.5K, achieving a strong resistance that does not let it fall further than there, let's wait and see how long bitcoin can last above 27k.
According to some media, both on reddit and Twitter, it is rumored that bitcoin this year could return to its all-time high as long as a series of events occurs, such as the devaluation of the US currency.
If the Federal Reserve of the United States begins to print money, it is evident that the United States will go through a process of hyperinflation as happened to Venezuela. This world is somewhat strange when one sector is doing badly the other is doing well. With the collapse of the banking system in the United States, the first days affected the cryptocurrency camp, but it quickly recovered.
Now with the news that is sounding a lot about the 300 billion that the Federal Reserve is going to lend to the banks, this news has fallen badly on the citizens of the United States who are looking for their money through cryptocurrencies. save and thus also protect themselves from hyperinflation.
Despite the fact that Bitcoin has remained on the rise these last days, there are still investors who think that it will open a small setback and will wait for that moment to invest their money, the bitcoin market is a Pandora's box, we never know which direction it will go, nor The great trader can predict it for some reason there have been million-dollar losses in the futures market.
Finally, I am one of the optimistic people and this year it will be for Bitcoin and the cryptocurrencies where they will be consolidated and coupled to the world financial system, as there is a proposal from many countries interested in the crypto being legal for use in their respective countries.
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