Post
Topic
Board Bitcoin Discussion
Re: Bitcoin now officially in Bear-Market: -20% down - Dropping like a Rock
by
FatFork
on 23/04/2021, 10:38:09 UTC
Now BTC is at $51k, its was up to $65k on some exchanges, $54k is -20%, so now we're at -25%

It is what it is. "Yesterday is history, tomorrow is a mystery, today is a gift!"

Unfortunately, corrections are getting more frequent, deeper, and more violent. Bitcoin investors tend to buy far too much. When price falls, they buy at even lower prices, which means they usually get shorted at lower prices. This forces them to take losses to stay in the game.