Quote from: Cryptoprincess101 on Today at 10:50:50 AM

Quote from: Olamidetechie on Today at 09:13:43 AM

Are we really back in the bear market? I saw an influencer shared this, and if it is actually true, then it is a confirmation that $BTC may enter $90k+ soon and may liquidate a lot of people that are already in the LONG position. What do you have to say concerning this?

No need to panic because it has been on records that whenever the price of bitcoin starts falling, many people do speculate the price to fall continuously but do we need to worry if the price goes down to $90k? i don't think so because it will present opportunities to buy more DIPs before the price will bounce back again. When Donald Trump announced that he will place 15% tariffs on UK goods i already knew that it will cause a DIP in the price of bitcoin because last time when he imposed high tariffs on Chinese goods and some other countries the price of bitcoin suffered great fall so am not surprised with the current fall and even if it falls to $90k there is still no problem because i will BUY the DIP.

The recent announcement the US president made about tariffs he'll place on different nations I think was the reason Bitcoin is currently moving downtrend but looking at the speculations that are been reported recently, it's obvious that the big whales are trying to cause panic in the market to force a further dip and from all indications, some people are already helping them spread FUD already. I don't think there's any reason of whatever to panic and even if Bitcoin price continues to experience negative move, it'll still recover. The bullish season isn't over so there's no cause for alarm if you ask me