Bitcoin Dropped To $5,200!

Expected developments in Bitcoin price started to occur. Bitcoin, which has been having a hard time for its investors for a while due to the claims that it will drop to $ 4,500, fell to $ 5,200 today, realizing one of the historical declines.. Crypto money markets, which started to decline a few hours before the hard fork event, lost more than $ 25 billion in value with the effect of the sudden drops, and a serious decline in prices began immediately after this depreciation. While it was alleged that the fire was ignited, investors began to wonder whether the continued decline of these declines would spread extremely negative and trigger larger decreases.

$5,200 is one of the most critical

2018’s low Bitcoin, which has decreased to $5,200 as a level, ranks first among the biggest depreciation of the year compared to other cryptocurrencies.. While Bitcoin, the first-ranked cryptocurrency with the biggest loss of value, has lost more than 50% in terms of loss rates to its investors, the net loss of an investor who invested in January is close to exceeding 90% today.

Analysts’ expectations that the loss of an investor investing at $19,000 will approach 90%, and that it may be difficult for a period to recover this loss for a long time, will cause more outflows in the market and incur losses. Increases sales.

Those who waited lost

In the current market environment where people who are waiting for Bitcoin to rise, lose, investors should carefully review their Bitcoin investments, which are estimated to fall to $ 4,500 after the level of $5,200 and make very careful decisions.

After the $5,200 level, $4,500, then It will be better understood with the recent decreases that the comments of those who try to keep the investors in the market by trying to impose on the market that the regression expectations of $ 3,500 and immediately after the level of $ 2,500-1,000 will not hold, are not correct once again. There are estimates of $99 to $30,000 next year for changes.