$BTC BTC has been continuously declining for several days, and altcoins are even more miserable. BTC has dropped from over 100,000 USD to now 97,000 USD. The massive capital collapse has caused panic among crypto traders, leading them to adopt a conservative wait-and-see approach. The facts have proven that those who act now are already suffering greatly. For Bitcoin to return to 10 USD, it not only needs a massive influx of funds into the cryptocurrency market but also to regain the lost confidence of cryptocurrency enthusiasts. This is clearly not achievable in a short time, not to mention that the cryptocurrency market is chaotic and disorganized. Bitcoin will continue to decline in the future.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.