Bitcoin Falls to a 3-Month Low. Should You Buy on the Dip?

·5-min read
Bitcoin Falls to a 3-Month Low. Should You Buy on the Dip?

Bitcoin fell to $42,207 yesterday, the lowest it's been since Feb. 8. There were several factors behind Bitcoin's fall, but the confusion caused by Tesla CEO Elon Musk's tweets had a considerable impact. Bitcoin's price began to fall on Thursday after Musk announced Tesla was suspending Bitcoin purchases due to environmental concerns.

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