Post
Topic
Board Bitcoin Discussion
Re: These are the BTC price levels to watch as Bitcoin risks worst April on record
by
davis196
on 01/05/2022, 05:00:05 UTC
Bitcoin price action is down 15% this month, while historically, April is supposed to bring gains.

Full Story: https://www.mertium.com/a/19015290/

The Bitcoin price being 15% up or down isn't such a big deal.This is Bitcoin after all.If you can't handle a 10,15 or 20% price drop,just leave the crypto markets and go trade with government bonds.
The term "historically" doesn't mean anything,when it comes to the financial markets,especially the cryptocurrency markets.The BTC prices on April 2015,2017 or 2020 don't have any correlation with the BTC price on April 2022.Expecting the same things to happen just because it's April or June is a sign of stupidity,if you ask me. Grin
Many people say that the Bitcoin price is moving in cycles,but that doesn't mean that someone or something can't break the cycle.