Bitcoin Price Drops, Analysts Foresee 40% Correction

Bitcoin price drops, Analysts, foresee a 40% correction before 2022. Since Friday the huge wave of short position drops the price to -13%, despite since the beginning of the year Bitcoin price show gains of more than the 200%.

 

Bitcoin Price Drops Correction

Bitcoin Price Drops Correction

 

The big rally and the correction just after that warned some investors. The Facebook effect is ending and now the market is frightened from the promise of the Fed, ECB and Financial Stability Board to introduce strict regulation.

 

In the article “Bubble of Fama” published on the Journal of Financial Economics, signed up from some professors of the Harvard University as Robin Greenwood and Andrei Shleifer, chance to see a drop of 40% on the Bitcoin price ’till 2021 is now more than 80%.

 

 

Discover more about online trading and how to gain profit through the market following our free courses here.

 

 

Read more…

Facebook Libra Cryiptocurrency Presentation Due Today, What To Expect?

Bitcoin Traded Above $11000

NASDAQ 100: Waiting The Fed Meeting, Investors Bet On Interest Rates Cuts

OPEC Meeting, Slow Growth On 2nd Quarter

by
July 2, 2019
Check our free signals

Follow Us


Contact UsTerms and ConditionsPrivacy Policy

The information and content held within this website has been created by Broker Academy Online and are for educational purposes only. Trading online activities offer no guarantee of earnings. There are many factors including general economic conditions that can have an impact on your investment and past results are not indicative of the future. Trading online can put your money in jeopardy, as the financial or stock markets can move quickly and go up and down against your investment. Invest with capital which is reasonable to you as the investment may fail meaning you lose it plus have to pay additional money.