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In a market of extreme fear, when will a Bitcoin entry make sense
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After its $69,000 all-time high, Bitcoin’s price has been on a downtrend for the most part of the last month. On 4 November, after the king coin registered the strongest bearish candle since May on a daily chart, the shake-off left the market shaken.
While the quick rebound from the near $40k-level, up towards the $48k-mark, instilled some confidence among market participants, the larger sentiment still remained bearish. Especially as BTC oscillated close to $47,969 at press time.
The larger
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