Analysts have indicated that the plunge in cryptocurrency prices could be the beginning of a new market trend, as Bitcoin's valuation has fallen to its lowest level since November 2021.
Despite the current bearish week, experts identify potential cryptocurrencies that could still perform the rest of September and enable investors to earn money.
Market analyst Michael van de Poppe believes Bitcoin should break the $51,000 level if an upward momentum is to continue, failure to which a pullback to the $44-$48K level will be witnessed.
Market analyst Michael van de Poppe believes that Bitcoin should create a higher low at $31k for an upward trend to be ignited as its consolidation continues.
The consolidation period in the Bitcoin market continues making a negative sentiment on Twitter, and this trend could trigger an upward momentum, which could find many by surprise.