Should we expect a decline in Bitcoin?


Should we expect a decline in Bitcoin?

Recently, we can see that Bitcoin is still falling or stopping and not rising much. Bitcoin climbed rapidly at one point, but that growth soon stopped. The development of Bitcoin does not look very promising in the coming days. Its current decline is the most rigid in the last six months!

However, it should not fall as much as in recent days. Its border is constantly around 30000 - 40000 USD. So far, experts see a decline and the chart should not grow rapidly as in previous days. The situation is also certainly affected by the current conflict between Ukraine and Russia, which does not support the growth of Bitcoin. Unfortunately, no one knows how much this situation will escalate. 

Many investors in the near future tend to see a decline in Bitcoin today, so its investments do not yet look positive. Most of all, it currently depends on the situation between Ukraine and Russia and where the conflict will escalate. So far, there are more than enough negative factors for the growth of Bitcoin. But we can hope that the conflicts will be resolved somehow and Bitcoin will be able to grow again. But we must prepare for a possible decline in Bitcoin in the coming days because it is more than likely that it will happen.