Express

Bitcoin May See Price Plummet Before Setting New All-Time-High, One Commentator Says

Emily Mason

Summary: One popular crypto commentator, CryptoDog, predicted in a tweet that Bitcoin will reach new price highs after a 40% pullback as it did before setting its previous record in 2017. From June to September 2017 Bitcoin saw two 30% pullbacks and one 40% pullback before breaching $20,000. On Tuesday, Bitcoin surged to $19,412 during the morning trading ...

One popular crypto commentator, CryptoDog, predicted in a tweet that Bitcoin will reach new price highs after a 40% pullback as it did before setting its previous record in 2017.

From June to September 2017 Bitcoin saw two 30% pullbacks and one 40% pullback before breaching $20,000. On Tuesday, Bitcoin surged to $19,412 during the morning trading session marking the nearest its come in years to approaching $20,000.

The crypto commentator wrote that a 40% pullback at this level would put Bitcoin at $6,600 and urged followers to buy the dip with him as the pullback could be followed by a catapult past $20,000. 

By Emily Mason

Last Update:

Tags: ,,
Link: Bitcoin May See Price Plummet Before Setting New All-Time-High, One Commentator Says   [Copy]
Next:

Related Articles

  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 10 hours ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 2 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 12 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 14 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 15 days ago

    • You need to login to comment.