Post
Topic
Board Bitcoin Discussion
Re: Whats wrong with btc
by
sulendra12
on 11/12/2021, 15:21:37 UTC
Its a second day and btc not moving.
What are other coins who do daily moves at least 10-20%
Bitcoin have proofed that its useful only to be market indicator but soon it will lose this position also if its not moving you cant use it as market moving indicator anymore.
Why does people always get scared when BTC is going down like this while in past year Bitcoin has made so much progress in terms of price. In July 20, the price was dip at 29k, that's the lowest on this year and after that it regained the strength and pumped again until today. It's pretty much predictable especially at the end of the year where the supply/demand has increased in the meantime and people probably selling some for their needs on holiday.