Analyst says Bitcoin is ‘on sale’ after BTC price dips below $54000 By Cointelegraph – Investing.com
- Date: 06-Dec-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Analyst says Bitcoin is ‘on sale’ after BTC price dips below $54000 By Cointelegraph – Investing.com
's (BTC) downtrend extended a few rungs lower on Dec. 3 after the price dropped under $54,000 and traders will note that the daily chart shows a notable uptick in sell volume.
Investors seem concerned at the emergence of a new COVID-19 variant and hawkish comments from the Federal Reserve. Meanwhile, veteran investment icon Charlie Munger added to the fire by comparing the price action in the crypto market to the dot-com era that ended with the bubble popping.
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