Post
Topic
Board Speculation
Re: Is $30k the bottom for this dip?
by
Lorence.xD
on 08/03/2022, 12:34:07 UTC
The price of $30k occurred in july or 8 months ago, since then the price has never been below $30k, the unique thing is when the price of bitcoin below $30k is a very large transaction volume, this proves that investors are really waiting to be able to buy with cheap price.
We don't know yet though, I mean that might just be a coincidence that it has gone up in transactions, also what if they know that they might be able to drive down the prices further just so they can buy bitcoin a bit more cheaper than the last lowest price? We never know what's going to happen next so as always, we should wait and observe.