If the FED does this, the Bitcoin rise will begin

If the FED does this, the Bitcoin rise will begin

The leading cryptocurrency Bitcoin continues to exhibit volatile movements as of today. Acting in correlation with the global markets, BTC is heavily affected by the sales in the US stock markets. Mohamed El-Erian, who has been on the agenda of the crypto market with his statements, made new statements.

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Will Bitcoin price never reach up to $58K level again?

Will Bitcoin price never reach up to $58K level again?

The price of Bitcoin and all altcoins has been stuck in a certain price range since May 19, 2021. Just as it could not exceed $40K, it could no longer exceed $35K. Cryptocurrency markets have been very sluggish for the past few weeks, with trading volume at the bottom. Therefore, the morale of the small investor continues to deteriorate. This compression process in the narrow area persists. Bitcoin is not allowed to go above $40K, but it cannot go down to $20K.

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