Bitcoin has lost almost 40 percent of its value since mid-November. Is that an opportunity to start?
(Photo: Reuters)
Frankfurt, Düsseldorf As recently as November, many investors had hoped that the Bitcoin price would hit the $ 100,000 mark this year. In the meantime, they would be happy if the price of the oldest and most important crypto currency were at least above the $ 50,000 mark again at the end of the year.
Since the record high of just under $ 69,000 in mid-November, Bitcoin has lost almost 40 percent of its value. After a rally of more than 50 percent, the course had run hot within six weeks. In view of the uncertainties caused by the Corona variant Omikron, investors are currently also relying more on defensive stocks.
Such corrections were good entry opportunities in the past. But when does the Bitcoin price rise again, and when is accordingly a good time to start? The Handelsblatt lists five indicators that investors should pay attention to.
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