The famous crypto influencer and YouTuber Martini Guy showed his support for Bitcoin. He tweeted and asked people to buy Bitcoin no matter what.
Even if people call you dumb, don’t hesitate to buy Bitcoin. According to him, in the next 10 years, the same people will call you lucky for having so many Bitcoins.
This week’s Bitcoin Price Analysis
The price of bitcoin fell to a one-month low at the start of the week, as the market’s recent bearish pressure on the currency continued to fall.
Late on Sunday, BTC/USD hit a high of $40,570.73 before falling to a low of $38,696.19 on Monday.
Since March 15, the price of Bitcoin has fallen to its lowest level since then, and this comes after bears were able to break the $40,000 resistance level today.
BTC has since recovered from its earlier lows and is now trading at around $39,350 as bulls try to recoup some of their earlier losses.
The oversold territory has been established on the 14-day RSI chart as a result of today’s decline.
As long as this price support holds, we could see further declines with some bears aiming for $35,000 as a target for Bitcoin.
***