Bitcoin Price Prediction After Drop to $65,000 According to Crypto Academy: Will It Come Back Strong?

Bittime - The cryptocurrency market has experienced significant fluctuations in recent weeks. One of the well-known digital currencies, Bitcoin (BTC) , experienced a fairly drastic price decline, reaching the level of $65,000 on March 14, 2024. This article will discuss Bitcoin price predictions after falling to $65,000 according to the Crypto Academy, as well as factors that could influence movement in the future.

What is Bitcoin?

Bitcoin is a decentralized digital currency that was first launched in 2009. Bitcoin was created by Satoshi Nakamoto, a mysterious figure whose identity is still unknown to this day. Bitcoin uses blockchain technology to record transactions and control their circulation.

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Bitcoin Price Today

On March 22, 2024, the price of Bitcoin was IDR 1,032,989,769.

Bitcoin Price Prediction after Drop to $65,000 According to Crypto Academy

Crypto Academy predicts that Bitcoin prices will strengthen again in the long term. Crypto Academy estimates that the price of Bitcoin could reach $100,000 by the end of 2024 and $200,000 by the end of 2025.

Factors Affecting Bitcoin Prices

There are several factors that can influence the future price of Bitcoin, including:

Bitcoin Adoption

The more people and institutions adopt Bitcoin, the higher the demand for Bitcoin.

Regulations

Government regulation of cryptocurrencies can affect the demand and price of Bitcoin.

Global Economic Conditions

Global economic conditions such as inflation and interest rates can influence investors' interest in Bitcoin.

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Conclusion

Bitcoin price predictions after dropping to $65,000 according to Crypto Academy show that Bitcoin has the potential to strengthen again in the long term. However, it is important to remember that these predictions are not always accurate and investors should always do their own research before investing.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.  

To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn  Complete Guide How to Buy Crypto on Bittime .  

Monitor price chart movements of Bitcoin (BTC) ,  Ethereum (ETH) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime. 

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DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.