The First Fall of Bitcoin in December
The returns of Bitcoin and many more cryptos have reached new high levels during the last weeks, reaching even 150 % at annual base.
This was expected at some moment, a reaction that will bring the price at lower levels. Some investors moved to profit-taking actions and Bitcoin reached $40,000, showing strong resistances.
The current situation in the USA regarding the regulatory framework is expected to deliver the new developments regarding Bitcoin’s price.
In parallel, the close of the Binance’s case and the approval of a Bitcoin Spot ETF will be the determining events will spark the new developments for shaping the price channels.
The entire community is expecting news and developments every day, that will bring the surge or the fall of Bitcoin…….
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