Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Re: Strong Hands Are Buying
by
Franctoshi
on 28/11/2022, 18:16:23 UTC
⭐ Merited by The Sceptical Chymist (2)
We had > 400B daily volume in the last drop. With FTX being the biggest player, I think further liquidations will be extremely irrelevant. Smart thing to do is buy. Fundamental value of bitcoin has never changed.
No one knows if there's gonna be futher liquidation or not but for me I do think that the liquidation is still note yet done,  but we're more closer to the bottom than before.
The number of wallets that are in profit is still like about 50% or more, So until we start to see a lot of this wallets be in lose that will be the beginning of a bull market.

The best thing ever to do right now is to keep buying as much Bitcoin as we can regardless of the continuous down pressure.