Potrivit unui sondaj istoric de încredere, Bitcoin va ajunge la 24,753 USD până la sfârșitul lunii mai

Bitcoin’s recent slip below $28,000 has investors on their toes, with many questioning where the world’s leading digital asset will land as we approach the end of May.

Conform unui recent articol published by Finbold on Wednesday (10 May 2023), after opening May over the $29,000 mark, Bitcoin’s price slid, struggling to maintain around $27,500. This downward trend has left investors uncertain about the cryptocurrency’s future as it grapples with vital resistance levels.

Finbold refers to a CoinMarketCap studiu in which 9,765 members, boasting an 82% historical accuracy rate, predict a significant drop in Bitcoin’s price by the end of May. If this forecast holds, Bitcoin’s price could average $24,753 by May 31, representing a decline of -10.35% or -$2,857 from the price at the time of writing.

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Bitcoin currently trades at $27,192, with a 5.94% decline over the past week. Despite the dip, Bitcoin’s market capitalization remains substantial at $527 billion, underlining its dominance in the cryptocurrency market.

Finbold also highlights IntoTheBlock’s visual representation of Bitcoin purchases at specific price levels, revealing increased buying activity near the $30,000 mark. However, the analysis also points out a lack of robust buying support below the current price level until approximately $24,000.

Moreover, Finbold reports a decrease in the percentage of Bitcoin holders currently in profit, now at 62%. Finbold also points out that despite the dip, similar drops have occurred earlier this year and have proven short-lived due to increased buying pressure, suggesting that Bitcoin’s current state may yet see a turnaround.

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• Sursa: https://www.cryptoglobe.com/latest/2023/05/bitcoin-predicted-to-reach-24753-by-end-of-may-according-to-historically-reliable-survey/