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Bitcoin Hits All Buy Zones Dip, Will it Surge to $48,000 Again

Published 05/19/2021, 07:30 AM
Bitcoin Hits All Buy Zones Dip, Will it Surge to $48,000 Again
BTC/USD
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  • Bitcoin hit all buy zones dip.
  • Will Bitcoin surge to $48,000 again?

The price of bitcoin dropped to a new low, sliding to $38,658 per unit during Wednesday morning’s trading sessions.

As cryptocurrencies stumble to regain their footing, investors have one key question. Will Bitcoin surge to $48,000 again?

According to a crypto educator and market analyst, Bitcoin hit all 3 buy zones. While a few analysts think bitcoin could sink much lower than today’s current values ($39,540 at the press time), few see BTC bouncing and hitting new highs again.

The crypto expert known as IncomeSharks posted on his Twitter:

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