Post
Topic
Board Speculation
Re: New (old) FUD coming from China?
by
goinmerry
on 25/09/2021, 23:31:55 UTC
Can this negatively affect the price of Bitcoin or has the market already reacted to it because it is old news?

Bitcoin already received lots of FUD, even bigger than that before. The price will surely react to the price but expect that after a brief period of time, a bounce-back is surely to happen. For now, let's follow what will be the progress after that China's action and what will be the result of it afterwards.

We don't know if it will affect the market for long but at least we have the assurance that a price push will happen soon erasing the results of the FUD.