At the moment, Bitcoin is traded for about $ 4000 while last year during the same time the crypto giant was moving steadily upward to reach an incredible $ 20,000.
With sudden currency movements, analysts usually give contradictory estimates of the direction in which the currencies will move. So it’s now, analysing the movement of our beloved bitcoin.
Experts are predicting a serious retreat of the crypto. Some expect bitcoin to fall to $ 1,500 in the near future. Ultimately, the bitcoin will stabilize at this lower level.