Post
Topic
Board Trading Discussion
Re: What is floor do you expect after $42k ?
by
BrewMaster
on 13/01/2021, 14:52:23 UTC
i don't expect it to drop anymore. in a bull market we can't expect continued drops either. that means $30k was the strong resistance that price stayed above it more or less and with $34k being the accumulation price for this round.

An asset that drops 28% over a weekend is not a safe-haven, a store of value, or a viable hedge against inflation.
what do you know. you are right.
bitcoin is not an asset.
bitcoin is not a safe haven.
bitcoin is not a store of value.
bitcoin is not a hedge against anything.

bitcoin is a deflationary uncorruptable currency.