Post
Topic
Board Bitcoin Discussion
Re: Why did Bitcoins price fall by over 60% in 2022?
by
Issa56
on 19/12/2022, 17:50:23 UTC
Bitcoin has been the world's most popular cryptocurrency many years now.And,while crypto has been incredible hikes in the past.2022 was an undoubtedly disastrous years for this asset,which faced an overall price drop of over 60%. So why did bitcoin price fall drastically throughout 2022?
When bitcoin went above $60k did anybody asked why bitcoin pumped to that price? But now we are in bear market and everyone keeps on asking why bitcoin is dumping, I think you should just calm down and enjoy the bear market, we are expecting bitcoin to bounce back but nobody knows when it will bounce back. We can't be in a bull market and we won't witness bear market, I don't think that's possible, so let's use the current bear market to accumulate more bitcoin before bounce back.