One Trader is Forecasting Bitcoin Price to Sink Near $2,000 Before the Bulls Take Over

In the last 24 hours, the valuation of the crypto market slightly recovered from $ 100 billion to $ 102 billion while the Bitcoin price declined below $ 3,400. In a span of two days, the price of BTC fell from $ 3,445 to $ 3,377 by around 2 percent against the U.S. dollar. Based on the lack of momentum in the price trend of the dominant cryptocurrency, traders expect the market to face more bloodbath before engaging in a strong recovery. $ 2,000 Before a Big Rebound For Bitcoin According to Murad Mahmudov, the Bitcoin price is likely to drop below the $ 3,000 support level

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CHART: We had a stock market crash in the year 2000, and then in 2008, we had a crash in stocks and real estate. The next crash is going to be in stocks, real estate and bonds… We live in an unprecedented debt bubble! You can only print for so long!

CHART: We had a stock market crash in the year 2000, and then in 2008, we had a crash in stocks and real estate. The next crash is going to be in stocks, real estate and bonds... We live in an unprecedented debt bubble! You can only print for so long! submitted by /u/NirpUmbrella
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Bitcoin – The Currency of the Internet