Monday 3 July 2023

CRYPTO ANALYST PREDICTS DROPPING OF BITCOIN PRICE TO $28,000 BEFORE FURTHER RISE

A professional cryptocurrency analyst, Crypto Tony (Twitter: @CryptoTony_), has made it clear that #Bitcoin bulls have to act on $31,000 if the rally is to continue from current levels, adding that otherwise, the coin’s value may nosedive to $28,000 to accumulate more buying pressure before a skyrocketing again.
 
With altcoins like Bitcoin Cash and Litecoin taking the lead in the recent rally, Bitcoin dominance is slated to drop further in the coming days.

As at Monday, Bitcoin dominance stood around 51 percent after scaling to heights of 52.16 percent in the last two weeks.

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