Post
Topic
Board Trading Discussion
Re: What the heck is happening to bitcoin!
by
FontSeli
on 10/09/2020, 21:16:27 UTC
Is it manipulation? or just not breaking the resistance of 12K Area?
I am shocked of this recent drop and i am a long term holder, what do you think it will happen? just a correction?

Bitcoin cannot constantly grow in price. What we are seeing now is really a correction, but no one can say exactly how deep it will be. All of us are waiting for the price above $12000, just as at the level of 9000 we were waiting for the price to break 10200. You need to stock up on popcorn so that the expectations are not so boring)

Now everyone will play with DeFi projects. Someone will earn money, someone will lose, and in the end everyone will understand that this is another soap bubble. And as soon as it is clear that the bubble will burst soon, the money will flow into the most secure asset on the crypto market, which has been Bitcoin for a long time.