Bitcoin Falls Below $87,000 in a Risk-Dominated Start to December

[gwolf666]

At the beginning of December, Bitcoin suffered a drop that took it below $87,000 amid a market increasingly influenced by risk concerns. Investors are showing greater risk aversion, which has led to selling in major assets, including cryptocurrencies. Global uncertainty, along with macroeconomic tensions, has created a volatile environment that affects Bitcoin's price. This movement reflects how external factors, such as monetary policies and economic conditions, are impacting the perceived value of the leading cryptocurrency.

 

[Suba]

During bearish times, crypto traders can take short trades through crypto futures trading, and of course, traders should monitor market sentiment through Bitcoin charts. Although it currently appears that whales are accumulating intelligently, bringing the BTC price above $92,000.

 

[Alberello75]

In this view, as a cryptocurrency novice like me, I'd like to ask: isn't now the right time to invest in digital currencies?