Bitcoin Price Below $78k: Expert Says ‘Don’t Buy the Dip’ 📉
Bitcoin's price has fallen below $78,000 in the wake of escalating trade tensions between the United States and China. The US announced a 104% tariff on Chinese goods as a retaliatory measure, escalating the ongoing trade wars. This significant development has shaken global markets, including cryptocurrencies.
An expert has advised investors against purchasing Bitcoin during this dip, suggesting caution amidst the current volatile market conditions. The advice reflects ongoing uncertainties and the potential for further market disruptions due to the trade disputes.
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