~snip~
Bitcoin is currently trading at $ 34,493 and the bear market is coming to an end. Also, another good thing that will definitely affect the price of bitcoin is halving. ~snip~
This is why I don't like prediction/speculation stuff. Everyone yelling out "the bear market is about to end, buy now!".Bitcoin is currently trading at $ 34,493 and the bear market is coming to an end. Also, another good thing that will definitely affect the price of bitcoin is halving. ~snip~
I imagine if a lot of short term traders followed the OP's advice when this thread was created, I'm sure they would be crying now because what happened was beyond their expectations, unless they were still holding it in their wallet. Now the price of BTC to USD is $16,796.
So please always do your own research with lots of references.
I bet a smart trader already shorted it and rebuy on the lower price
. And probably some of those who have funds already DCA their way as the Bitcoin price plummets. Smarter people think of ways how to compensate for or recover their losses, they don't just cry on the corner and blame the speculators and predictors.Why should we buy Bitcoin? Price is one reason, but not the only one.
There are mega ways of reason but the one that is motivating is the profit behind the price changes.