Reduced Appetite for Risk Affects Bitcoin
Bitcoin as well as the rest of the crypto world has had a dismal year. The premier cryptocurrency fell from $67,000 in November of 2021 to the $18,000 range in early September of 2022. Just a week after its low point Bitcoin popped up to the $22,000 range. Is Bitcoin set for a comeback or is this a bear market rally before it trends lower and lower?