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Why This Economist Expects Bitcoin to Range Before Seeing a Breakout to $50k - Vimarsana News

Why This Economist Expects Bitcoin to Range Before Seeing a Breakout to $50k

Why This Economist Expects Bitcoin to Range Before Seeing a Breakout to $50k Reading Time: 2min read Bitcoin has been caught in the throes of immense volatility as of late, with buyers losing their edge over its price action The cryptocurrency is now, once again, drifting down towards the lower-$30,000 region, which is around where it has been trading throughout the past few weeks Where the entire market trends next will undoubtedly depend on Bitcoin’s reaction to its $30,000 support, as a break below here could prove to be dire for the entire market One economist believes that BTC will soo...