Will Bitcoin have a pull back?

“Due to Fed over-tightening, Bitcoin will fall as low as $10,000 ,” he predicted. He expects the world’s largest cryptocurrency to fall that low in 2023. A major reason for that outlook is Bitcoin’s close correlation to Federal Reserve monetary policy, bond yields, and gold—all connected in different ways.

Bitcoin is overbought and at risk of a pullback , according to hedge fund chief Mark Yusko.

What Is Bitcoin Dominance? Bitcoin dominance is the ratio between the market capitalizationThe market capitalization (or market cap) of a cryptocurrency is a measurement of its market value. In other words, it… of Bitcoin to the total market cap of the entire cryptocurrency market.27 Kas 2021