Post
Topic
Board Economics
Re: Is Bitcoin's price drop to 30K healthy?
by
Oilacris
on 09/02/2021, 22:33:00 UTC
https://www.fr24news.com/a/2021/01/analysts-say-bitcoin-price-drop-to-30k-was-healthy-and-necessary.html

Analysts say Bitcoin price drop to $ 30K was ‘healthy and necessary’

Right now that price value of Bitcoin was 47300 something if I am not mistaken. So, I think the analyst you've mentioned
in the above was wrong. This is one of the reason why Bitcoin spike its price in the market. The more speculation they have here
about it, is the more things not to happen due to the market was really unpredictable, isn't that right?

Lots of speculation that had been put up to trash cans yet bitcoin did really past off those levels that everyone had bee speculating.We didnt really expect for it to rise up this high.

Any drops or correction can be considered healthy but people do give out meaning when they do saw on how fast the decline would be which it will really be put up into that
certain extent of possible manipulation.

As an investor of this market then its better to be prepared on possible price decrease into this market because it is really high likely to happen.
Secure profits while you can.