Analyst says Bitcoin is 'on sale' after BTC price dips below $54,000
Bitcoin price is dropping back toward monthly lows, but analysts agree that the current range is a “buy zone.” Bitcoin's (BTC) downtrend extended a few rungs lower on Dec. 3 after the price dropped under $54,000 and traders will note that the BTC/USD daily chart shows a notable uptick in sell volume. Crypto Fear & Greed Index. Source: AlternativeInvestors seem concerned at the emergence of a new COVID-19 variant and hawkish comments from the Federal Reserve. Meanwhile, veteran investment icon Charlie Munger added to the fire by comparing the price action in the crypto market to the dot-com....
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