Here's Why Bitcoin Risks Crashing to $900

Here's Why Bitcoin Risks Crashing to $900

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the recent rebound in Bitcoin's price and analyzes whether this trend will continue. It examines technical indicators, such as the 100-day moving average, and compares Bitcoin's market behavior to historical trends like the dot-com bubble. Experts suggest that Bitcoin's price could fall to $900 due to factors like Fed tightening and increased supply. The discussion also touches on the potential for other cryptocurrencies like Ethereum to surpass Bitcoin in the future.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the general sentiment about Bitcoin's recent price rebound according to the charts?

It shows signs of stability.

It will remain unchanged.

It is likely to decline further.

It is expected to continue rising.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Bloomberg Intelligence, what is the predicted low for Bitcoin prices?

$1500

$1200

$900

$600

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What were the primary drivers of the peak Bitcoin price as discussed in the video?

Rising demand in Asia

New cryptocurrency regulations

Fed tightening and futures trading

Increased mining activity

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company is used as an example to compare Bitcoin's rise and potential correction?

Google

Amazon

Microsoft

Apple

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage did Amazon correct between 1999 and 2002?

50%

80%

95%

70%

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which cryptocurrency is mentioned as moving fast and potentially challenging Bitcoin?

Ripple

Litecoin

Dogecoin

Ethereum

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main factor that could stop the increasing supply of cryptocurrencies?

Higher demand

Lower prices

Technological advancements

Government intervention