And when we thought that the bleeding is already done, the price goes down again below $20k, an indication that indeed there is a huge sell-off still going on and people are now panicking. But let's wait, we haven't seen this negative news really having a huge impact for months. Maybe this week this will be felt, but after that, it's business as usual and we could be back above $20k again.
Yeah it happens frequently this is why I lowered my expectations for now. The cause of the recent dip might be those huge sells off that you are saying but I wonder who are doing that? Was it the whales? I don't see the reason for a common individual to panic right now because I never heard of a negative news or a fud lately and people must be used to this kind of scenario, you know where btc increase from $22k and $23k and then goes down again to $20k or $19k.
Which are the next events that you think will negatively impact BTC prices? I was thinking about the next halving, but I would also like to hear all of you guys’ opinions.
Halving is said to bring positive effect in the price of btc and all of the cryptos but halving was still too far and before we get there, there might be other negative events that we will be facing. Better prepare for it.