Market News
History of Bitcoin Slumps Makes $20,000 Realistic Target - BLOOMBERG
BY , Bloomberg News
BC-History-of-Bitcoin-Slumps-Makes-$20000-Realistic-Target , Akshay Chinchalkar
(Bloomberg) -- Crypto fans desperate for a floor in Bitcoin’s selloff may have to be patient. Every significant slump in the largest cryptocurrency since 2014 has reached the 200-week moving average. That lies close to $20,000 -- or about 35% below Bitcoin’s current price, which is already down by a similar percentage in 2022.
