Wednesday, June 8, 2022

Bitcoin May Drop  to $25,000

Bitcoin May Drop to $25,000

https://campaign-image.in/zohocampaigns/avoid_the_urge_to_bottom_fish_in_bitcoin_(3)_zc_v2_33488000008100117.jpg

Hi Crypto Academy Network,

Bitcoin rose marginally last week, snapping its longest streak of nine negative weekly closes. The bulls attempted to build upon this strength in the new week and put in a bottom but the bears are in no mood to let go of their advantage.

Although Bitcoin has remained under pressure in 2022, institutional investors have continued to accumulate the dips. This suggests they remain bullish in the long term. CoinShares’ latest Digital Asset Fund Flows Weekly Report shows that year-to-date, the total institutional inflows into Bitcoin have crossed the half a billion-dollar mark.

We had suggested in our previous analysis that Bitcoin may remain stuck in a range in the short term and that is how it has been. The BTC/USD pair has been trading between $28,800 and $32,646 for the past few days.

KEY TRADING LEVELS

Weekly
ETH TRADE
Weekly
XRP TRADE
Weekly
BTC TRADE

Top Content This Week!

PTA
Bitcoin Narrowly Dodges Record 10
Crypto Blog
Weekly Bitcoin Inflows Totaled $126
Crypto Blog
Indonesia-licensed crypto asset

Top Article This Week!

https://campaign-image.in/zohocampaigns/feature_tican_the_trusted_and_efficient_crypto_gateway_payment_system_1_1_zc_v7_33488000004244099.jpg
NFT Market Summary June 07, 2022
https://campaign-image.in/zohocampaigns/feature_tican_the_trusted_and_efficient_crypto_gateway_payment_system_1_1_zc_v7_33488000004244099.jpg
Japan Passes Bill To Limit Stablecoin
Crypto Blog
Outage Halts Solana Again

Earnings Disclaimer

The information you’ll find in this email is for educational purpose only. We make no promise or guarantee of income or earnings. You have to do some work, use your best judgment and perform due diligence before using the information in this email. Your success is still up to you. Nothing in this email is intended to be professional, legal, financial and/or accounting advice. Always seek competent advice from professionals in these matters. We also recommend that you check all UK laws to make sure you are in compliance when you create your online business. If you break the city or other local laws, we will not be held liable for any damages you incur

No comments:

Post a Comment

Trump's Economic Policies: Is Deere & Company (DE) Set to Harvest Gains?

Donald Trump's economic policies have often sparked debate among economists and investors. From imposing tariffs on imported goods to ...