Post
Topic
Board Bitcoin Discussion
Re: Is someone worried about the recent decline of BTC?
by
wiss19
on 13/05/2021, 17:24:24 UTC
Is someone worried about the recent decline of BTC? Don't worry, and it won't lose BTC's momentum in the future. A new report from Whalemap shows the largest cluster of whale coins in the range is 120,000 BTC at $ 58,000. As such, the lowest price can drop now at $ 52,000

$ 52,000 “Should Be BTC Floor.”
https://medium.com/snapbots-news/snapbots-news-review-bitcoin-drops-but-bull-run-wont-end-9090f739a6f3

But the truth is that no matter how low it goes everyone now knows that it's always going to come back up. It's only going to take time and it will come up again. I believe this last bull run has really proven to a lot of people that no matter how low bitcoin gets, even if it should drop from this $50,000 to $10,000, in some years coming it's going to recover again and reach a higher rate again, that will even be more than what we have seen this year so far.

There were so many people that doubted Bitcoin in the past, and a lot of them are regretting it now, and some of them are ashamed that they said trash about it, and now they want to be part of it and start investing. Some are doing it secretly and some are open about it. And that's just it.