Post
Topic
Board Bitcoin Discussion
Re: One more filed smear campaign against Bitcoin
by
South Park
on 04/01/2024, 21:57:05 UTC
Haven't we learnt from the past? We are still doing panic selling which was witnessed as there were fuds created by some influencers about possible rejection of spot ETF and once this spread across we saw how people were on selling mode which literally brought down the value of Bitcoin to $40750. But this was a tight slap on face of those who tried bringing down Bitcoin as it survived this attempt as well and rising again.

When I as we I meant those who have panic sold their holding and it's sad people don't understand that just one event like spot ETF approval cannot define Bitcoin's future and people should stop believing in these smear campaigns because no one can predict much about crypto or Bitcoin.
Those behind that campaign most likely achieved their objectives, they wanted to make the price of bitcoin to go down and if they used leverage to short the market then they made a lot of money even with that small movement, the ones that lost like always are the people that let their emotions to take control and listen to what a bunch of influencers and bots had to say, it is disappointing this keeps happening, but as long as they do not learn then those market manipulators have no reason at all to change their tactics.