Post
Topic
Board Speculation
Re: Share your opinion on the market.
by
FinneysTrueVision
on 26/09/2023, 00:52:42 UTC
Now there is news that microstrategy has bought some bitcoins again. Strangely enough, but usually after such news there is a drop in price. I don't know if we should expect a repeat of this story now, but it seems to me that we will see a fall ahead one way or another. There will be a halving soon and people will need to be scared to buy coins as cheaply as possible.

Because of a strong US dollar it seems that many currencies are losing value in comparison. Bitcoin was down but only slightly after the news of MicroStrategy's purchase. Bitcoin having low volatility is a positive sign. Despite bearishness in the stock market, Bitcoin has not moved much since starting the month at nearly $26k. Many people are refusing to sell due to their expectations for the halving and a potential ETF approval.