Post
Topic
Board Speculation
Re: Bitcoin crashed below $48K, is the bull market in danger?
by
Silberman
on 24/02/2021, 02:47:29 UTC
Bitcoin price dropped below $48,000 in a major correction on Monday right before the U.S. market open.


https://cointelegraph.com/news/bitcoin-price-crashes-below-48k-but-is-the-bull-market-in-danger
There is no risk, without a doubt the correction was very important and there were times in which the price went as low as 46k but just a few hours later the price is once again above 50k, this should show to anyone that as soon as the price goes down there are e a bunch of bulls willing to buy all of those coins despite the huge price, to me this is a very bullish sign which tell us that bitcoin is still ready to make upward movements as soon as the right circumstances appear on the market.