Now there are three questions in America. 1. The sluggish economy 2. High inflation 3. The outbreak of the epidemic.
Dow plunges nearly 900 points on July 19 2021.Bitcoin drops back below $30,000 yesterday.
All are disappointing signs. Many investors plan to sell Bitcoin.Most people lose patienceIn for cryptocurrency.
But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?
This is also the condition they actually created, to take charge of whatever recovery will happen in the future, right now the vein is the economy, inflation and the current covid outbreak, if this can't be resolved, then most likely the crypto world will also experience the effects the big one.
The current situation affects the level of investor confidence in crypto, so bitcoin is a victim of current events, plus people's trust in bitcoin is starting to decrease so thinking about selling it is the right step at this time.