Post
Topic
Board Bitcoin Discussion
Re: BTC dumps on high inflation report..
by
Luqman
on 13/09/2022, 22:58:42 UTC
The current dump in Bitcoin looks as usual. After Bitcoin has a little pump from September 10 to September 12, it is normal to have a dump today. As long as the Bitcoin price doesn't drop to $17k again, I think we don't need to worry about the price of Bitcoin. Remember it is a bearish period, a dump is something usual, we shouldn't be so worried about the temporary drops. I am also not really sure that the big factor to dump Bitcoin today is the high inflation.

Anyway, what is wrong with Bitcoin purpose? The current dump doesn't mean Bitcoin denies its purpose. Learn more about the factor of Bitcoin dump, it shouldn't be about inflation only, it can be about manipulation or other things.