Bitcoin has done well in the last week with multiple rallies that have brought the digital asset’s price back to early November 2022 levels. However, while investor sentiment looks to have significantly recovered, not everyone is expecting BTC to continue to do well. The Coinmarketcap Price Estimates feature reveals that a large number of investors are expecting the price of the cryptocurrency to fall over the next two weeks. 12% Decline For Bitcoin The Coinmarketcap Price Estimates feature allows users to input their forecasts for the price of any digital asset and then produces an average price based on everyone’s predictions. This can help to give a good feel of the community and how they are looking for an asset. Related Reading: Liquidations Cross $200 Million Following Bitcoin’s Rise Above $19,000 For bitcoin, it seems not a lot of investors expect the pioneer cryptocurrency to continue on this recovery trend. With over 19,000 price estimates submitted, the median came out to an expected 12% decrease in bitcoin’s price in the coming two weeks. Such a decline would actually ..
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