Post
Topic
Board Speculation
Re: Bitcoin in Rocket mood.
by
batang_bitcoin
on 07/02/2022, 21:29:17 UTC
Do you think that this skyrocket has something to do with Facebook's(Meta) massive drop? It could be the whales from there that have taken their share moved some of their wealth into bitcoin. I'm only thinking that it's one of the reasons on what we're seeing right now and it's my just mere opinion about the recent pump. It's likely that it will eventually hit back $41k.
I do not think this is connected to Facebook stock massive drop, I do not see how both price can even be related, this is just another bull run for bitcoin before the price may decrease again, I just know that this year will not really be so encouraging about bitcoin price, but I may be wrong.
That's just the idea that came to my mind and it's about the likely of the investors from FB(meta) stock that have sold and then reinvested it into bitcoin.
But yeah, let's settle that and forget about the connection. Because every time there's a drop or rise for bitcoin, there's also some significant move for the stock market.