Post
Topic
Board Bitcoin Discussion
Re: China Bitcoin Ban false alarm
by
MIldic1c
on 25/09/2021, 02:32:50 UTC
History has always repeated itself in Bitcoin on the 24th of September 2017 when the china central bank ban Bitcoin/cryptocurrency, a move that sees the price of Bitcoin crashing deep before it recovered after 3 months of struggle to hold its resistance. On the 24th of September 2021 news still, fly around about china banning crypto, which turned out to be rumors and false development that see the Bitcoin price dropping to $40,675 before it gradually rises back to 41k.
The key is to look at people's views on the ban. Some news has spread before being confirmed. This may be done deliberately by someone for other purposes. So we are in the market. Don't be misled by the news. Their purpose of making news is to create panic and affect our emotions.