Post
Topic
Board Bitcoin Discussion
Re: Bitcoin crashed below $48K, is the bull market in danger?
by
XZERO1
on 23/02/2021, 11:56:09 UTC
Bitcoin crashed below $48K, is the bull market in danger?

Crashed?, really?, Bitcoin went from $3k about a year ago when the pandemic hit up to $58k without any considerable correction and you call a 25% correction a crash?

I would call this price movement a crash only if it goes down to under $30k again and even then it would be still healthy and it can easily go back up again, I get it that these news website use this clickbaity titles to get more clicks and visitors but you should not do the same as them as official representative of some exchange in this forum.

Right now the price you're seeing for Bitcoin was purely caused by manipulation, some people on Twitter just call different things and make market move in their desired direction whether it's up or down, better not to listen to these news and do your own thing whether you prefer to take profit here or wait it out.