{"id":91685,"date":"2022-06-23T06:00:09","date_gmt":"2022-06-23T03:00:10","guid":{"rendered":"https:\/\/tor-corporation.com\/nikolas-merten-bitkoin-mojet-opystitsia-nije-14-000\/"},"modified":"2022-06-23T06:00:09","modified_gmt":"2022-06-23T03:00:10","slug":"nikolas-merten-bitkoin-mojet-opystitsia-nije-14-000","status":"publish","type":"post","link":"https:\/\/tor-corporation.com\/en\/nikolas-merten-bitcoin-mojet-opystitsia-nije-14-000\/","title":{"rendered":"Nicolas Merten: Bitcoin could drop below $14,000"},"content":{"rendered":"<p><img decoding=\"async\" class=\"aligncenter\" src=\"\/wp-content\/uploads\/2022\/06\/nikolas-merten-bitkoin-mozhet-opustitsja-nizhe-14-000-7afcd5d.jpg\" alt=\"Nicolas Merten: Bitcoin could drop below $14,000\" \/><\/p>\n<p>\t        \t\t\t\tThe CEO of crypto company DataDash believes that investors should be prepared for BTC&#039;s 80% correction from its November high.<\/p>\n<p>\n\t Nicholas Merten warned not to get complacent as bitcoin rebounded after a weekly low when the first cryptocurrency fell below $20,000. Based on market history, Merten believes that Bitcoin has not bottomed to reverse for a bullish trend:\n<\/p>\n<blockquote>\n<p>\n\t\t \u201cI don\u2019t want investors to get too excited about the current rise in bitcoin. Maybe in another day or two they will be profitable and Bitcoin will even go back to $22 300.\u201d\n\t<\/p>\n<\/blockquote>\n<p>\n\t However, the situation can quickly turn for the worse, causing a correction in Bitcoin to 75% or even 80%.\n<\/p>\n<blockquote>\n<p>\n\t\t \u201cOne of the biggest challenges for some investors is understanding how the decline can grow exponentially, even if the asset technically moves down in percentage terms by just a couple of points. If we go from 75% to a typical 80% correction, it won&#039;t just be a couple of hundred or thousand dollars down. The price of bitcoin will decline from $17,500 to $13,700. The BTC will then test the interim high recorded during the bull market in June 2019 at $14,000,\u201d says Merten.\n\t<\/p>\n<\/blockquote>\n<p>\n\t The expert says that he is not exactly sure if Bitcoin will fall by 80% from its all-time high of $69,000. But macroeconomic volatility can lead to a strong decrease in the value of the first cryptocurrency, without regard to historical trends.\n<\/p>\n<\/p>\n<p>\n\t Blockstream co-founder and CEO Adam Back still expects Bitcoin to reach $100,000 by the end of this year.<\/p>","protected":false},"excerpt":{"rendered":"<p>\u0413\u0435\u043d\u0435\u0440\u0430\u043b\u044c\u043d\u044b\u0439 \u0434\u0438\u0440\u0435\u043a\u0442\u043e\u0440 \u043a\u0440\u0438\u043f\u0442\u043e\u043a\u043e\u043c\u043f\u0430\u043d\u0438\u0438 DataDash \u0441\u0447\u0438\u0442\u0430\u0435\u0442, \u0447\u0442\u043e \u0438\u043d\u0432\u0435\u0441\u0442\u043e\u0440\u044b \u0434\u043e\u043b\u0436\u043d\u044b \u0431\u044b\u0442\u044c \u0433\u043e\u0442\u043e\u0432\u044b \u043a 80&#37; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":91686,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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