{"id":509575,"date":"2022-11-21T17:00:30","date_gmt":"2022-11-21T17:00:30","guid":{"rendered":"https:\/\/uniquehot.com\/?p=509575"},"modified":"2024-06-11T11:26:12","modified_gmt":"2024-06-11T11:26:12","slug":"bitcoin-recovery-only-temporary-as-all-roads-lead-to-15000","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-recovery-only-temporary-as-all-roads-lead-to-15000\/","title":{"rendered":"Bitcoin Recovery Only Temporary As All Roads Lead To $15,000"},"content":{"rendered":"
Bitcoin recovered above $16,000 in the early hours of Monday after hitting $15,600 on Sunday. With the continued trend above $16,000, it is starting to look like the digital asset is finally on a path to recovery but this is not the case. The recovery only shows a temporary stoppage in what is a continuous bleed as momentum continues to drop across the space.<\/p>\n
This Is Not The Bitcoin Bottom<\/h2>\n
The bitcoin bottom is still highly debated even now. When the digital asset had hit its previous cycle low of $17,600 and then ranged above $20,000 for a long time, there were speculations that the bottom was finally in but historical data said otherwise, which turned out to be true.<\/p>\n