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Bitcoin Analysts Eye Potential Drop to $20,000

Jun.09 — Bitcoin’s bad week could be a sign of trouble ahead as analysts see the potential for the cryptocurrency to fall to $20,000 on further weakness. Bloomberg MLive’s Eddie van der Walt explains.

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Jun.09 — Bitcoin’s bad week could be a sign of trouble ahead as analysts see the potential for the cryptocurrency to fall to $20,000 on further weakness. Bloomberg MLive’s Eddie van der Walt explains.

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49 Comments

49 Comments

  1. Michael Nguyen

    June 9, 2021 at 7:39 pm

    I just unsubcribed from this fake news site.

    • RoyalCalvin

      June 9, 2021 at 8:36 pm

      @Michael Nguyen
      There isn’t much we can do. Billionaires can manipulate markets with single tweets. You can only trust yourself.

    • Michael Nguyen

      June 9, 2021 at 8:38 pm

      @RoyalCalvin Trust God

    • jeffrey exposito

      June 9, 2021 at 9:03 pm

      @derek400004 Bloomberg is the epitome of misinformation and fake news.

    • Housni Alami

      June 9, 2021 at 10:48 pm

      @RoyalCalvin the US media these days are trying to manipulate the market by spreading the fear hence causing more crashes

    • Buzz Man

      June 9, 2021 at 10:49 pm

      We are here for the entertainment..It’s quite a joke.

  2. Peter Petkanov

    June 9, 2021 at 7:40 pm

    GOOD & Definitely TRUE ! along with meme crap crash, and finally gamblers will go back to work @ grocery stores

    • Michael Nguyen

      June 9, 2021 at 8:10 pm

      Tell that to the President of El Salvador. The country just made Bitcoin legal tender. Fake News Bloomberg is reporting a drop after this fact? Bloomberg is why people developed the word “Fake News”

    • Peter Petkanov

      June 9, 2021 at 8:13 pm

      @Michael Nguyen did you really use as an argument something that a banana republic did?!?

    • Michael Nguyen

      June 9, 2021 at 8:25 pm

      @Peter Petkanov Did you just use the word banna to refer to a country?

    • Custin Pham

      June 9, 2021 at 11:55 pm

      I agree

  3. Calvin A.

    June 9, 2021 at 7:42 pm

    FUD

    • Subversionz

      June 9, 2021 at 8:20 pm

      lol it’s happened before it’ll happen again. It’s not FUD. The important thing to know is that it goes up in the long term.

  4. nparviz82

    June 9, 2021 at 7:48 pm

    lol boomer Analyst talks about BTC FUDing it

  5. A Martin

    June 9, 2021 at 7:50 pm

    Do they really know the subject? Terms of stock market are not the same. Please try harder.

    • Sir Derty ✓

      June 9, 2021 at 7:58 pm

      I concur with you A Martin, for shizzle.

  6. Quetzal Bird

    June 9, 2021 at 7:53 pm

    Do yourself a favor, buy & hold: Harmony One, Hbar, & Vet.

  7. mrPmj00

    June 9, 2021 at 7:54 pm

    – Stocks for the next 5 years: Amazon, Apple, Facebook, Microsoft, Netflix. Disney and Wells Fargo for the recovery_

    • Sir Derty ✓

      June 9, 2021 at 7:56 pm

      More bad spambotting advice.. no

  8. mrPmj00

    June 9, 2021 at 7:54 pm

    buying crypto bitcoin is like buying oceanfront property in Arizona!………..
    Of course El salvador approves, illegal organizations do business in crypto.

    • Sir Derty ✓

      June 9, 2021 at 7:56 pm

      More false-information from botboy

    • mrPmj00

      June 9, 2021 at 8:33 pm

      @Sir Derty ✓ crypto is a ponzi scheme

  9. Sir Derty ✓

    June 9, 2021 at 7:57 pm

    This guy has little experience in blockchain technology. He knows zilch on this, might as well ask a local grandpa at the market then listen to this video.. cmon.

  10. James Ford

    June 9, 2021 at 8:11 pm

    FUD unless AMC finna take over for the moment 🧐🤔 #Sign

  11. Rowland Whisenant

    June 9, 2021 at 8:19 pm

    >>>I admire the efforts u put in your videos mate, digital currencies continues to reshape the world globally, its hard for for anyone going against them these days, though from a trader’s perspective i feel we really need more experts in the field updating newbies on how the the community works. crypto currencies are gradually moving towards something big and the price surge over the past few months is just the beginning of greater things to come. lots of persons are skeptical on when to buy-in the market and whether it isn’t too late to buy an asset, when you’re hodling it could be but when trading its never too late to buy. a trader with the right strategy and indicators earns big regardless of market price (bulls or bears). i trade using signals from trade expert Samuel Rex Ayers, with is guide and signal service i’ve made over 9B T C worth of crypto assets over some months. only for crypto inclinde issues connect Samuel on teligram @SamAyersfx

    • Brett Lee

      June 9, 2021 at 8:42 pm

      Samuel daily signal is top rated and one of the best you could get when it comes to trading crypto.. bitcoin to the moon.

    • Susan Rigsbee

      June 9, 2021 at 8:46 pm

      Reason why I trade with Mr Samuel’s signal is because they are always accurate and helps even when the market is bad.

    • Nancy Jean Stainback

      June 9, 2021 at 8:51 pm

      Samuel Ayers has been consistently giving good bear and bull assessment for the past 2 years! I have a fixed income that has benefited my cr ypto realm massively !

    • Matthew Hughes

      June 9, 2021 at 8:55 pm

      My growing love for crypto caused me to explore until I came across Samuel Ayers (although I’m trying to avoid sensationalism) he’s by far the best. No hype for hype’s sake, but great inspiration to trad Crypto.

    • Lauro Cosby

      June 9, 2021 at 11:49 pm

      So you give your money to people from 3rd world countries and expect a huge return. Me so smart

  12. Mad Lyrics

    June 9, 2021 at 8:22 pm

    I only take financial advice from u/Chillznday

  13. G. Zeigler

    June 9, 2021 at 8:23 pm

    I mean honestly Crypto is pumped by an ungodly amount of printed stimulus and unemployment checks…. 40 percent of USD was printed in the past few years… I could see a good entry of BTC around 31k but it’s too pumped right now…

  14. Lauro Cosby

    June 9, 2021 at 8:34 pm

    Technical analysis done by the mainstream sounds like a bear trap.

  15. Vlat Imir

    June 9, 2021 at 8:37 pm

    says last cycles shows only 2017 Bullmarket

  16. jeffrey exposito

    June 9, 2021 at 9:01 pm

    FUD FUD again FUD. Please talk about the historic acceptance of Bitcoin as legal tender by El Salvador the first country to do so.

  17. Be Nice

    June 9, 2021 at 9:20 pm

    QTUM

  18. ramsey reyes

    June 9, 2021 at 9:36 pm

    in your dreams

  19. Rabie Alkamouchi

    June 9, 2021 at 9:43 pm

    To the moon men bulrun

  20. Buzz Man

    June 9, 2021 at 10:47 pm

    Didn’t sound like an expert. Bloomberg thought we would buy into the “expert” bit, by putting a guy with an English accent talking out of his ass

  21. Hash Brown

    June 9, 2021 at 11:20 pm

    Congratulations to El Salvador on becoming the first country to approve Bitcoin as it’s official currency……

  22. jchien

    June 9, 2021 at 11:31 pm

    Mainstream media are all talking about dropping to 20k, now ask yourself WHY?

  23. Upton Tatee

    June 9, 2021 at 11:36 pm

    Most people still don’t understand the benefit of investing,
    even Rome wasn’t built in a day. That’s how you beat the system at it’s own game. I already invested in F0rex and Crypt0 which are really profitable courtesy of Joyce Harrell.

    • Landyn Easome

      June 9, 2021 at 11:48 pm

      Amazing I also just started trading with Mrs Joyce Harrell,
      she is the best at what she does with an initial investment of $1400 i made up to $5230 in just a week of trading with her, her strategies are mind blowing.

    • Riley Waltone

      June 9, 2021 at 11:52 pm

      Wow I’m just shocked someone mentioned and recommended expert Mrs Joyce Harrell.
      I thought people don’t know her.

    • Bradley Cortina

      June 9, 2021 at 11:54 pm

      This is not the first time I am hearing of Mrs Harrell
      and her amazing trading skills.Lost most of my trades of lately, I hope this is actually worth it as i need someone with very good record to guide me. I just sent her a message.

    • Esmond Lee

      June 9, 2021 at 11:59 pm

      I invest with Mrs Harrell too, she charges a 20% commission on profit made after every
      trading session and that’s fair compared to the effort she puts in to make huge profit.

    • Harley Eastone

      June 10, 2021 at 12:00 am

      Investing and diversifying your sources of income it’s a
      sure proven way of making money and staying wealthy.

  24. Glory Sedi

    June 10, 2021 at 12:21 am

    B!tcoin is now at a ” tipping point ” to either become the preferred currency for international trde or face a ” speculative implosio, ” Daniel said . The global stock [email protected] has started to recover as soon as the [email protected] opened yesterday. Although B!tcoin is considered a safe haven asset and a store of value , it often moves in tandem with the r!sk – on [email protected] The simultaneous recovery of the global stock markt and kryptocurrencies followed a minor correction in the krypto [email protected]:ket over the weekend . This a big chance for novice to [email protected] on how 2 [email protected] just like I started after the 2017 craash through the help of Daniel Wright have been able to dilate my partfol!o to 68BTC according to Daniel there are two things to do now which are buying the dip and trad!n for more, on how to dilate your krypto thruugh [email protected]!ng go over to Daniel { Danielwrightfx} at the teq:ram.

  25. Rolando Nava Morales

    June 10, 2021 at 12:54 am

    Jajaja este tipo no sabe de qué está hablando.

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