Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin a safe haven?
by
nurilham
on 17/08/2021, 22:36:12 UTC
Moreover, if we study Bitcoin correctly, we will understand that Bitcoin always recovers quickly when it experiences a price decline.
For the current bullish season, what you said is true. Bitcoin recovers quickly whenever there is a dump on the Bitcoin. But if it is in the bearish season, I doubt the Bitcoin price can recover as quickly as in the bullish season. The demand to buy Bitcoin is not very big as in the bullish, so we must be more careful when we are already in the bearish season.