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Bitcoin could double its price if it maintains a crucial short-term support, says analyst
The recent drop does not threaten the bullish market of Bitcoin, which could reach 220,000 dollars if it maintains a crucial support level, according to the analyst from Crypto Investidor.
The recent correction of Bitcoin does not threaten the current bullish cycle of cryptocurrencies, as long as the price of Bitcoin remains above the support of 112,800 dollars, says Diego Consimo, CEO and founder of Crypto Investidor.
closed the week with a decrease of 1.5% on Sunday, August 17, three days after recording a new all-time high above 124,000 dollars.
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