Forecast: Bitcoins could become scarce now
- Is there a new attempt at US $ 42.000?
- A further correction is not excluded
- Investors should be careful and keep an eye on price developments
Bitcoin has developed into a very popular speculative object in the last few weeks. Above all, rich and strategic investors are now trying to put more and more money into the crypto currency. As a result, there are fewer and fewer coins - and that will probably keep the price rising.
Violent correction over - is a bull run coming or will further setbacks follow?
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But the last few days have impressively shown that the crash that followed after reaching the all-time high in 2017 was only a harbinger of what could be observed between January 10th and 12th. Because the Bitcoin price slipped from almost 42.000 US dollars towards 30.000 US dollars - within 48 hours.
Even if many analysts and experts (also we from Bitcoin-News.One) prophesied a correction, the force with which it arrived was downright surprising.
At the current time, the Bitcoin price is moving back to $ 38.000. If more investments are made, there could be a shortage of coins at the weekend; however, a further correction could also be possible if the Bitcoin again experiences a setback in the area of 41.500 US dollars / 42.000 US dollars.
Even if it looks like Bitcoin has weathered the correction, there is no guarantee that things will not go downhill again.