Bitcoin exchange rate will collapse four times: a serious crisis in the cryptocurrency market is predicted in London

Aleksey Holovanov
2 min readJul 11, 2021

Elon Musk’s contradictory statements will no longer be able to save Bitcoin. Clem Chambers, CEO of ADVFN in London, predicts an unprecedented drop in the most popular cryptocurrency in the world.

Bitcoin exchange rate will collapse four times: a serious crisis in the cryptocurrency market is predicted in London — today.ua
Bitcoin will collapse soon from 32.4 to 10 thousand US dollars per coin. The London financial expert is fully convinced of this. Moreover, Clem Chambers does not exclude that during the peak fall, the bitcoin rate will drop to 7 thousand dollars per coin.

“There will be tremendous volatility in the market. Traders must be armed to the teeth with the tools to deal with this madness, but for the investor, this is a waiting game,” the analyst explained.

The situation with the bitcoin rate has nothing to do with the statements of the American billionaire Elon Musk. Of this, Clem Chambers is sure.

Note that in the middle of winter 2021, the bitcoin rate began to grow rapidly, and by February 22 it exceeded the $ 58 thousand mark. On April 13, at the auction, the cryptocurrency crossed the $ 62.7 thousand mark, but already on April 23, 2021, Bitcoin fell to a record low.

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Aleksey Holovanov

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