Post
Topic
Board Bitcoin Discussion
Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
by
Newlifebtc
on 03/07/2022, 20:48:03 UTC

El Salvador President Nayib Bukele is quite strong and a hard believer of bitcoin. From his tweets and activities relative to bitcoin we can understand. Earlier he gave a small advice to the common people on the price decline of bitcoin as an opportunity to invest and never look upon the charts and get worried. With the present purchase of more 80BTC the reserve gets changed to 2381BTC

But his trend is rather strange, the lower the price of bitcoin, the fewer coins he buys. ) Perhaps there is not much free money now, as one would like, because crisis came, but on the other hand, perhaps he simply does not buy much because he is waiting for a further fall in prices. After all, when the market grows you expect growth, and when it falls, you expect a further fall, such a psychology.

That's the tactic of physicology thinking when they want to buy they think more in a further direction even though so far the price of bitcoin has decreased greatly but to fall even deeper I don't think it's possible it will end up under $20k and won't be possible to bounce below  price $10 thousand.
I don't know exactly when you make your post but what I'm trying to tell you that the price of Bitcoin is getting down it was 20,000 last week but the current price of Bitcoin is 19,000 which approximately is going down again and is going to meet up the target of 2017 faget so I believe that Bitcoin price going up will not be something of this particular time.