Bitcoin investors hit by thunderbolts…risk of falling below $15,000!!

The first day of the week started off with a slight dip in the cryptocurrency market, but Bitcoin rose slightly by 0.37 percent. Although this is not a huge rise, investors believe that Bitcoin may continue to rise gradually.

But that’s not it. Edul Patel, Co-Founder and Chief Executive Officer (CEO) of Mudrex Crypto Exchange said that Bitcoin will continue to decline in the near future and the price of one Bitcoin will drop below $15,000.

He also said that due to the main reasons such as increasing legal restrictions, excessive taxes, lack of support from the central bank, opposition of more than 50% of economists, monetary inflation, war tensions, price hikes etc., the price of Bitcoin may face a continuous decline.

Bitcoin investors are deeply saddened by his clear opinion. However, he told Bitcoin investors that it would be a wise decision to hold and not sell them at this time.

Disclaimer: Crypto products and NFTs are unregulated and highly risky. There will be no regulatory basis for losses arising from such transactions.

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