Bitcoin presentations below $ 97,000 as Bofa warns ‘Bro Bubble’ amplifier

Bitcoin (BTC-USD) was struggling to hold over $ 97,000The signed sign that the criptocurrenci gathers can lose steam, according to the main investment strategy of the American Bank (Bofa) Michael Hartnetta.

Hartnet noticed that Bitcoin’s average price was weighted because the American election elections stand at $ 97,600, the level to keep the sale of pressure from recent colleagues.

The cryptocurrency lost over 25%, because she hit their time, 20. January, because markets react to tariff announcements. Bitcoin is a bitcoin reduced by 11.16%, and from 9.9% drop from the American dollar, making it the worst contractual currency this year, according to Bof.

From Friday, Bitcoin traded from $ 83,806, compared to 18.6% in the past month and approximately 2% lower on the day. In the meantime, Wednesday Wednesday Wednesday Wednesday in the outflows of Right $ 754 million by bringing a total of $ 3.6 billion to $ 3.6 billion from 7. February.

This article first appeared Gurufocus.