Home Crypto Will Ethereum Merge cause a sell-off? Will bitcoin drop to $12,000?

Will Ethereum Merge cause a sell-off? Will bitcoin drop to $12,000?

 Will Ethereum Merge cause a sell-off?  Will bitcoin drop to $12,000?

Bitcoin (BTC) and Ethereum (ETH) Both Look Pretty bearish from. If you thought we had already reached the end of this decline, I think you are very wrong.

The cryptocurrency market closed quite turbulent last week. After the speech by Jerome Powell, chairman of the Federal Reserve, the stock markets reacted with a sell off. This almost never bodes well for bitcoin and the rest of the crypto market. Since bitcoin has a high correlation with the stock markets, we also see the crypto market fall sharply.

The question is: where are we now? In today’s video I give you my opinion on the current market. I think that the bitcoin and ether prices can still fall sharply. This may be due to the upcoming merge, even if you would think that this actually causes an increase. Ether could fall all the way to $1,000 due to a new sell-off and $12,000 for bitcoin is not inconceivable.

In the video I explain to you why I think this!

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Corné Marchand has been bull run from 2017 active in investing and trading cryptocurrencies. Since January 2021, he has started his own online platform with which he has already helped more than 2,500 people to learn to invest and trade in crypto profitably.

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