Yesterday, the price of Bitcoin dropped from nearly $66,000 to around $63,000, causing some to fear a possible new crash.
Instead, last night it recorded a small rebound, which brought it back close to $64,000.
But is a collapse still possible?
To answer this question, it is necessary to analyze especially the trend of the last few days.
The decline of yesterday
Yesterday the trend of the price of Bitcoin was negatively affected by two factors.
The first, contingent, was the collapse of the Tokyo stock exchange.
In fact, the Nikkei index in a single session lost 4.7%, and this loss was accumulated largely in the early hours of reopening after the weekend.
The fact is that in Japan, internal elections of the ruling party were held after the resignation of Prime Minister Kishida. The outcome of the elections did not please the markets, and the reaction upon reopening after the weekend was very negative.
The price of Bitcoin has followed this decline, dropping by
We współpracy z: https://en.cryptonomist.ch/2024/10/01/bitcoin-price-is-a-new-crash-possible/
