Bitcoin suddenly rebounds from lows for the first time in 7 weeks-around $ 52,000
Bitcoin, the cryptocurrency, rebounded sharply after hitting a seven-week low on the 26th of Asian time.
Bitcoin temporarily dropped to $ 47,079. After that, it rebounded and temporarily rose 9.1% to $ 52,518. The rate of increase is the highest since March 13. As of 10:22 am Hong Kong time (11:22 Japan time), the transaction is around $ 52,000.
Michael Sikoski, CEO of Copia Wealth Studios, said in a report yesterday, “The world is moving from centralized to decentralized. If you believe in this theme, cryptocurrencies Price drops are a great buying opportunity. Volatility has always created opportunities