Bitcoin Exceeds the $54K Threshold

Bitcoin has risen above $54,000 with a sudden value change as usual. Although the reason for the increase is not clearly known, there is an increasing activity in the markets. Experts, on the other hand, argue that investors should not take a new step based on this increase alone.

While Bitcoin and Altcoins have been going through a very shaky process recently, Bitcoin saw above $ 54,000 with the sudden increase experienced today. In just five minutes, Bitcoin, which saw the $30,000 levels with the recent collapse, Starting from $51,000 to $55,000 Although the fact that it came so close made the investors smile, it once again revealed how unstable the “coin” market is.

With this increase, Bitcoin once again approached its all-time high of $ 65,000. However, despite this good trend, experts warn investors that a sudden decision should not be taken and action should be taken. Because the Bitcoin in question reached the level of 50,000 in the process until September. even though he’s seen it a few times immediately after, it experienced sudden drops and was at a point far from 50,000 until now.

Here is the “coin” market as of October 6 at 16:30:

Here, experts say that there is no guarantee that the current increase will be long-term due to this vulnerability and instability of Bitcoin. Just like in the sudden increases in previous flights, after this increase, a of the collapse They remind you that it’s possible.


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