Crypto Markets Dead? Analyst: Bitcoin falls to $16,000

Bitcoin (BTC) and the crypto markets are still struggling for any upside. While some have not yet given up hope that the bull run will continue, analysts are now warning of further price pullbacks. One of them even sees Bitcoin falling to $16,000. Can BTC still recover in 2022?

Bitcoin, what is it? Analysts are upset.

Photo: (YAYMicro)

Quo vadis, bitcoin? For weeks, the number 1 cryptocurrency by market capitalization has traded in a narrow range, leaving traders and industry observers with losses: a clear trend cannot be seen, the digital asset can only hold profits for a short time – investors are still scared.

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