Welcome to The Daily Forkast – February 10, 2022 – presented by Joel Flynn.
Bitcoin was trading below US$22,000 Friday morning Hong Kong time, capping a 4.5% fall since last week. One expert told Forkast that the key price levels to watch out for are US$19,000 and US$25,000, but it’s still not clear what’s going to happen next.
Investors are asking if this is the start of a sustained downtrend or a healthy correction. We’ll have more on that in this episode.