Post
Topic
Board Speculation
Re: Are you scared?
by
Rimueng
on 21/09/2021, 17:24:07 UTC
Bitcoin plummeted again on September 7 2021.BTC dropped by 54.7% on March 12 last year, by 12.54% on September 3 last year, and by 29.99% on May 19 this year. And 18.65% on September 7.
There were four reasons for the fall on September 7th:
1,The fall in US stocks caused Bitcoin to fall at the same time.
2,Singapore regulation.
3, SEC wants to sue coinbase.
4,It is related to El Salvador
Are you scared?Is there any hope for the future?
Personally, I have no fear when bitcoin plummets. I don't think the reasons you have listed have had much effect on the bitcoin price plummeting. The ups and downs of the bitcoin price are purely influenced by the crypto market and that is a natural thing to happen. I'm sure the bitcoin price will rebound even more likely to hit a new ATH later this year.