Quote from: Oceat on May 21, 2020, 10:42:22 PM

Quote from: gokumarket on May 21, 2020, 05:37:49 AM

Bitcoin (BTC) price abruptly dropped 4.9% from $9,800 to $9,324 after rejecting at a key resistance level again, is it a buy the dip opportunity? Huh

There's a FUD going on if this is just happened in one day we aren't that sure yet if there would be another drop or this is just a bear trap. It's better to wait a little more longer to see what is happening in the market since I can still see a little stability. There's always a right time to buy if you are used to the market when trading.

The fud is because bitcoins were moved from a very old wallet and everyone thinks this is a wallet which could only be in control of Satoshi and he himself moved those coins. I would not believe in all this stuff because if satoshi wanted to sell those coins, he could have done way back in 2017 when bitcoin reached 19800$.