Post
Topic
Board Speculation
Re: Is Bitcoin really crashing
by
SirLancelot
on 10/11/2022, 17:51:31 UTC
What’s up people have y’all checked the market, our mini pump is over and we are seeing yet another #Cryptocrash,
so let’s hear your predictions what’s going to be the flow of #cryptocurrencies are we ever going to be #BULLISH or are we going to be #Bearish throughout this year.
It's pretty obvious that we are still bullish, there are some minor run leading up to at least $21,000, but it is not sustainable though.

As for the recent lowest low, it's not Bitcoin's fault, it was drag along as to what happen to FTX and so many panic, sold their Bitcoin again because of the negative news. However, in this kind of situation, it's better to buy, as e are in the $17,600 range.

I do agree that there is nothing to worry, we have been in this kind of situation on the Terra Luna crash and we did bouce back although it take months, but still recovery is there for us.
Btc price was spotted stably at $21k last time just before the negative news came about FTX, CZ/Binance and FTT and I think this had caused the price to go to $17k but earlier the price was still at $18k. It seems it is not stopping yet. Maybe newer lows are going to be recorded this time. With all of these, I am sorry but I can't agree with you when you say that we are still in bullish.

I didn't check out other coins price but I know, others price will only depend on the btc's actions. Btc is innocent here. It's only just a coin but the one that creates the price is we people. Well if we panic, that is isn't helping but it will only make the price to go down a lot. People should grow up and be calm instead.