Bitcoin Global Trend

Bitcoin continues its bearish cycle. And if in the local perspective we can count on a slight increase, then globally, in my opinion, we have not yet reached the minimum level. The likelihood that Bitcoin will drop to around 13,000, and maybe even lower, remains very high. Moreover, there is more and more bad news regarding the crypto industry every day. That do not give hope for a brighter future. Such a fact as the bankruptcy of the FTX exchange and the litigation in this case gives an understanding that in the next couple of months we are unlikely to see hints of the growth of the crypto currency. But still, this is definitely not the horses of the crypto industry! There is information that the number of transactions in Tether in 2022 exceeded the volume of transactions in the Master Card payment system. And this indicates the high popularity of cryptocurrencies. In my opinion, we will be able to see the global growth of the crypto currency after the recovery of the global economy. First of all, the end of the war in Ukraine will be a positive factor for the entire economy. Because this situation has touched almost the whole world.