By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
NFTStudio24 | Latest and Upcoming NFT News, Press Releases, Reviews, and Others.NFTStudio24 | Latest and Upcoming NFT News, Press Releases, Reviews, and Others.
  • HOME
  • NEWS
    • LATEST NFT NEWS
    • BITCOIN NEWS
    • ETHEREUM NEWS
    • BLOCKCHAIN NEWS
    • ALTCOINS NEWS
  • NFT Collection
    • RARITY TOOL BY NFTStudio24
    • UP Coming NFT
    • NFT EXPLORE
  • NFT STORIES
  • PRESS RELEASE
Search
  • About us
  • Advertise with us
  • Contact us
© 2022 NFTStudio24.com News Network. All Rights Reserved.
Reading: Bitcoin New Journey Starts From 42k to 70k
Share
Sign In
0

No products in the cart.

Notification Show More
Latest News
Harmony team identifies the hacker behind the 100M Horizon bridge exploit
Harmony identifies the hacker behind the $100M Horizon bridge exploit
June 25, 2022
Coinbase to launch first Nano BIT futures via third party brokers
Coinbase to launch first Nano BIT futures via third-party brokers
June 25, 2022
Christiano Ronaldo partners with Binance to debut NFT collection
Christiano Ronaldo partners with Binance to debut NFT collection
June 25, 2022
Keanu Reeves joins the NFT bandwagon
Keanu Reeves joins the NFT bandwagon
June 25, 2022
NFT.nyc 2022, NFT.Nyc, NFT.Nyc event, BeetsDAO, 90s Babes, NFT.Nyc hosts, NFT.Nyc spaekers, NFT.Nyc spaekers 2022
BeetsDAO and 90s Babes to host exclusive events at NFT NYC 2022
June 22, 2022
Aa
NFTStudio24 | Latest and Upcoming NFT News, Press Releases, Reviews, and Others.NFTStudio24 | Latest and Upcoming NFT News, Press Releases, Reviews, and Others.
Aa
Search
  • HOME
  • NEWS
    • LATEST NFT NEWS
    • BITCOIN NEWS
    • ETHEREUM NEWS
    • BLOCKCHAIN NEWS
    • ALTCOINS NEWS
  • NFT Collection
    • RARITY TOOL BY NFTStudio24
    • UP Coming NFT
    • NFT EXPLORE
  • NFT STORIES
  • PRESS RELEASE
Have an existing account? Sign In
Follow US
  • About us
  • Advertise with us
  • Contact us
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
HOME > Crypto and NFT NEWS > BITCOIN NEWS > Bitcoin New Journey Starts From 42k to 70k
BITCOIN NEWSCrypto and NFT NEWSCRYPTOPEDIA

Bitcoin New Journey Starts From 42k to 70k

Editorial
Editorial January 7, 2022 167 Views 6 Min Read
Updated 2022/06/07 at 11:54 PM
Share
6 Min Read
Bitcoin From 42k to 70k
SHARE

The Crypto market is experiencing the worst slump of 2022 so far. As the year began Bitcoin’s price dropped below $43,000. Bitcoin’s new journey started a few days after Christmas and now its have entered into 2022 with the whole crypto market shaking.

Contents
Bitcoin Resisting Against The SlumpEconomic Uncertainty Shakes The MarketInvestors Take on Price DropMoment of OpportunityConcluding Note

Our article will be focusing on what will be the new journey for Bitcoin from here and what will be the condition of Cryptocurrencies in the coming months and what investors should keep in mind while investing in Bitcoin or any other desired Altcoins.

Bitcoin From 42k to 70k, Is Bitcoin rising again?, Bitcoin new journey

Bitcoin Resisting Against The Slump

The slump was building up since December 2021, however, Bitcoin restored its value after hitting $52,000,  and throughout the last week of 2022, the condition was almost similar from Bitcoin $44,000 to $50,000 and back to $44,000 ranging toward $48,000.

Things went south after COVID-19’s new variants started popping out and cases are increasing in no time, Whales have already drawn away from their mega investments in the market leaving holders on their own to experience this slump.

Read More:

  • How to Earn Bitcoins for free in 2022?
  • 5 Strategies to Short Sell Bitcoin in 2022
  • What is Web 3.0 & How it is Impacting the Internet?

Economic Uncertainty Shakes The Market

Bitcoin was increasing in value the whole year after crashing in June 2021 with an all-time high reaching $68,000 in Nov 2021. But December’s volatility and stalling prices began with the uncertain economic conditions over the Omicron variant and new statements from the government of the US regarding crypto regulation are what triggered the situation to take a dire turn.

Bitcoin’s recent price is still showing an upswing and exerts are believing that this will rise above $100,000 in the coming months. Ethereum is after the footsteps of Bitcoin, experiencing its all-time high with prices over $4,850 but quickly affected by the dump.

Investors Take on Price Drop

After the shaking situation of the crypto market, it is visible that the conditions are favorable for the long-term investors only and not for the impatient ones. Investors should focus on a buy-and-hold strategy to avoid losing and giving away their holding due to the sudden swings as they are expected to come more and more with COVID-19’s threats.

Want to buy the latest NFTs? Visit our shop to explore the latest NFT collections and upcoming NFT projects to start your NFT journey on the right foot.

Avoid checking your investments during such intense volatility, many cryptocurrencies lose their value with crashes and restore it quickly after the market gets stable. Keep your cryptocurrencies investments under 5% of your portfolio to avoid losing too much with the swings.

Moment of Opportunity

Whenever such sudden swings happen, two possibilities occur; the first possibility is that people lose their asset’s value, and the second is people earn and gain from such swings. The people who earn from such swings usually buy more and contribute indirectly to restore that specific currency’s value.

For the long-term investors, it is a golden opportunity as Bitcoin will likely rise and restore its value to an all-time high. The best strategy is not to give away what you currently hold as an asset.

At such times people should look for a coin that has the potential to rise after the slump quickly. Such dips have resulted in mega rises before as well. You can cover all the missed opportunities that you neglected in the previous months.

Consider it as a mega sale where you will have the upper hand and get to grab the diamonds of the Crypto market until the market stabilize again and Bitcoin restores its value. However, it is better to visit trustable sites to avoid potential risks and manage them beforehand.

Concluding Note

The Bitcoin new investment journey is full of risks and profits and the ongoing swing is no different. The best option would be to hold the assets for as long as you can as this market operates on the role of demand and supply as soon as the demand goes high the prices surge and when the demand goes down the prices drop.

Here at NFTStudio24, we feature the latest NFT collections and upcoming NFT projects to help you start the NFT journey on the right foot.

Investors might be able to see a rise in the price in the coming months as the threats of pandemics fade away. It is time that time in the market when most people will panic and leave a lot of precious assets by releasing them, but wise buyers can visualize the opportunity behind this mess and use consultation and tracking to choose which coins they want to invest more.

- SUBMIT YOUR PRESS RELEASE -
Ad imageAd image

Don’t miss the Important NFT Drops

Are you tired of missing important NFT drops?

  • Just check out our NFT Collection page! Click here
  • For Upcoming NFTs projects, Click here

You Might Also Like

Harmony identifies the hacker behind the $100M Horizon bridge exploit

Coinbase to launch first Nano BIT futures via third-party brokers

Christiano Ronaldo partners with Binance to debut NFT collection

Keanu Reeves joins the NFT bandwagon

Elon Musk will continue supporting Dogecoin despite a $258B lawsuit

Sign Up For Daily NFT Drops

Don't miss the next NFT drops!!!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Editorial January 7, 2022
Share this Article
Facebook TwitterEmail Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Polygon Network Activity Spikes As NFT Sales Gained Peaks Polygon Network Activity Spikes As NFT Sales Gained Peaks.
Next Article Bitcoin Dump Bitcoin Dump: What is Burying Bitcoin?
Leave a comment Leave a comment

Leave a Reply

You must be logged in to post a comment.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News from Cointelegraph

Latest News

Harmony team identifies the hacker behind the 100M Horizon bridge exploit
Harmony identifies the hacker behind the $100M Horizon bridge exploit
ALTCOINS NEWS June 25, 2022
Coinbase to launch first Nano BIT futures via third party brokers
Coinbase to launch first Nano BIT futures via third-party brokers
Crypto and NFT NEWS EXCHANGES June 25, 2022
Christiano Ronaldo partners with Binance to debut NFT collection
Christiano Ronaldo partners with Binance to debut NFT collection
Crypto and NFT NEWS LATEST NFT NEWS June 25, 2022
- Career -
Ad imageAd image

You Might also Like

Harmony team identifies the hacker behind the 100M Horizon bridge exploit
ALTCOINS NEWS

Harmony identifies the hacker behind the $100M Horizon bridge exploit

June 25, 2022
Coinbase to launch first Nano BIT futures via third party brokers
Crypto and NFT NEWSEXCHANGES

Coinbase to launch first Nano BIT futures via third-party brokers

June 25, 2022
Christiano Ronaldo partners with Binance to debut NFT collection
Crypto and NFT NEWSLATEST NFT NEWS

Christiano Ronaldo partners with Binance to debut NFT collection

June 25, 2022
Keanu Reeves joins the NFT bandwagon
LATEST NFT NEWS

Keanu Reeves joins the NFT bandwagon

June 25, 2022
//

NFTStudio24 delivers the latest NFT news to its global audience. We are committed to reporting mainstream and emerging talent via exclusive press releases, podcast interviews, NFT rankings, and much more.

Recent Posts

  • Harmony identifies the hacker behind the $100M Horizon bridge exploit
  • Coinbase to launch first Nano BIT futures via third-party brokers
  • Christiano Ronaldo partners with Binance to debut NFT collection
  • Keanu Reeves joins the NFT bandwagon
  • BeetsDAO and 90s Babes to host exclusive events at NFT NYC 2022

Experts Alliance

  • Experts Alliance
  • About Alliance
  • Alliance Benefits
  • Membership requirements
  • Apply Alliance

Quick Link

  • ABOUT US
  • CAREER
  • CONTACT US
//

Subscribe to our newsletter to get our newest articles instantly!

NFTStudio24 | Latest and Upcoming NFT News, Press Releases, Reviews, and Others.NFTStudio24 | Latest and Upcoming NFT News, Press Releases, Reviews, and Others.
Follow US

© 2022 NFTStudio24.com News Network. All Rights Reserved.

  • bitcoinBitcoin(BTC)$21,436.002.18%
  • ethereumEthereum(ETH)$1,225.045.52%
  • tetherTether(USDT)$1.00-0.12%
  • usd-coinUSD Coin(USDC)$1.00-0.10%
  • binancecoinBNB(BNB)$238.942.02%
  • rippleXRP(XRP)$0.369795-0.88%
  • Binance USDBinance USD(BUSD)$1.000.01%
  • cardanoCardano(ADA)$0.501.37%
  • SolanaSolana(SOL)$42.368.28%
  • polkadotPolkadot(DOT)$8.293.53%
  • dogecoinDogecoin(DOGE)$0.0682683.39%
  • Shiba InuShiba Inu(SHIB)$0.0000128.95%
  • daiDai(DAI)$1.00-0.08%
  • tronTRON(TRX)$0.0653890.57%
  • AvalancheAvalanche(AVAX)$21.229.24%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$21,429.002.10%
  • leo-tokenLEO Token(LEO)$5.851.07%
  • Lido Staked EtherLido Staked Ether(STETH)$1,179.785.78%
  • matic-networkPolygon(MATIC)$0.601.16%
  • litecoinLitecoin(LTC)$56.732.11%
  • FTXFTX(FTT)$26.783.52%
  • chainlinkChainlink(LINK)$7.272.29%
  • OKBOKB(OKB)$12.933.84%
  • CronosCronos(CRO)$0.1286635.26%
  • stellarStellar(XLM)$0.1293611.42%
  • NEAR ProtocolNEAR Protocol(NEAR)$4.2513.20%
  • UniswapUniswap(UNI)$5.510.12%
  • cosmosCosmos Hub(ATOM)$8.483.17%
  • algorandAlgorand(ALGO)$0.3526721.56%
  • moneroMonero(XMR)$126.630.93%
  • ethereum-classicEthereum Classic(ETC)$16.531.71%
  • bitcoin-cashBitcoin Cash(BCH)$115.67-2.71%
  • ChainChain(XCN)$0.0897503.72%
  • vechainVeChain(VET)$0.0260925.63%
  • Theta FuelTheta Fuel(TFUEL)$0.0568294.50%
  • FlowFlow(FLOW)$1.746.03%
  • HederaHedera(HBAR)$0.0744700.07%
  • Internet ComputerInternet Computer(ICP)$6.307.47%
  • The SandboxThe Sandbox(SAND)$1.178.63%
  • theta-tokenTheta Network(THETA)$1.474.41%
  • decentralandDecentraland(MANA)$0.986.24%
  • Axie InfinityAxie Infinity(AXS)$17.827.05%
  • ElrondElrond(EGLD)$63.722.40%
  • FraxFrax(FRAX)$1.000.27%
  • filecoinFilecoin(FIL)$6.215.64%
  • tezosTezos(XTZ)$1.553.99%
  • ApeCoinApeCoin(APE)$4.603.47%
  • HeliumHelium(HNT)$11.829.81%
  • true-usdTrueUSD(TUSD)$1.00-0.20%
  • bitcoin-cash-svBitcoin SV(BSV)$63.88-1.00%
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?