Post
Topic
Board Speculation
Merits 3 from 2 users
Re: There will be more down - bearish on BTC
by
yudi09
on 11/11/2022, 06:01:57 UTC
⭐ Merited by fillippone (2) ,Husna QA (1)
Stay cool. Hold on to Bitcoin's annual cycle that it won't be long before we get to that momentum. Hold on before we are in 2024.

Most likely late in 2024 after the Bitcoin halving. This is where most people are so hyped up.
A lot of people were so concerned about the current bearish run, some are very worried when Btc tends to make an indicator that the dip continued below $15k.
We tend to forget what happened in the 2018 bear market where Btc almost touched the $2k level. It's just unfortunate that there are still those who have never learned how Bitcoin works.
The Bitcoin price shock to test how strong the belief is in choosing Bitcoin as an investment just happened.
$15,880.78 closing price on Nov 09, 2022 and for us it is a test of weakness or strength in holding on to Bitcoin.
There is news about FTX stopping access for withdrawals and other problems that have made many people hesitate to continue investing in Bitcoin.

Again, stay relaxed.
For us, this decline is normal because Bitcoin was once far from its current price. But what about the new ones?