John Doe

If you want to make your dreams come true, the first thing you have to do is wake up.

Mary Taylor

You can have anything you want if you are willing to give up everything you have.

Bitcoin, Cryptocurrency Drops Below $50: This Is Why It Matters. Loretta Napoleone analysis

Posted by

Cryptocurrency shooting days in particular for Bitcoin, which fell below within a week 50 dollars It stops a short distance from 40. Why are these numbers important? Because according to Wall Street experts, they form support and resistance points for Price fluctuations. Therefore, we are in a new phase where the latter is likely to take a breather: they will stop going up and maybe go down again.

Reasons: lack of willingness to take risks, Omicron variant re-launched safe haven assetsGold, the dollar, and bitcoin obviously do not belong to this category, and finally the slow recovery of the global economy against the background of imbalances between supply and demand for raw materials and products portends a rise in inflation.

Support your contribution is essential

Your support helps us ensure our independence and allows us to continue to produce quality journalism online that is open to all, with no paid barriers. Your contribution is essential to our future.
Be supportive too

Peter Gomez

support now

Available payments

Previous article

Fix Irpef, Undersecretary Guerra: “The distribution of savings worries me. I don’t see the need to lower taxes on higher incomes.”

the following

READ  Pension How much will a person with a salary of about 1,500 euros per month get?

Leave a Reply

Your email address will not be published. Required fields are marked *