Post
Topic
Board Economics
Re: Is Bitcoin's price drop to 30K healthy?
by
Pierre 2
on 03/02/2021, 21:49:49 UTC
Yeah it was very healthy. High volatility means uncertainty and uncertainty kills financial instruments. So bitcoin's pull to 30000 was healthy because it came after its raise to 40000 so quickly. Meanwhile I personally believe 30000 was just correction and bull run is still not over. It is hard to find entry point in these prices but Bitcoin is still BUY and HOLD for me.