GerradFletcher

Bitcoin Analysis, Is $77K next?

BITSTAMP:BTCUSD   بتكوين
Bitcoin was able to recover after an extreme decline on November 26, 2021. BTC was able to regain almost all of the losses and looks like it is getting prepared for another bullish run.

Bitcoin and COVID

Since the virus caused lockdowns globally in early 2020 Bitcoin’s price was reacting to the discoveries of new variants. The price is not entirely allocated to the new variants but to fear and actions from the governments.

For instance, the first 4 variants had the highest impacts, as the World was in lockdowns and the situation globally was critical.

Do you think we will close with up to 77K this year?

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