Is BTC Deead?

[MrDenz]

I can only imagine what people are going through right now.

 

[dxnyshin]

It's obviously not dead. Bitcoin fluctuetes a lot. Just buy a little bit everytime a dip comes and profit long term!

 

[Sardi]

So many threads like this that @davids355 gave up on giving you guys an argument on why BTC is not Dead

 

[SpawneR]

Time to buy ETH lol

 

[B1TCS]

What Elon Musk giveth, he also taketh away.

 

[jake lionar]

What Elon Musk giveth, he also taketh away.

elon only made some people become millionaire when they were billionaire that it.

 

[B1TCS]

elon only made some people become millionaire when they were billionaire that it.

I can't complain, I made money in this bull run but lost around $22K unrealized PnL on Spot because didn't sell the top

 

[don7777]

Be patient. You lose money only if you sell. Buy the dip and collect for a long-term hold.

 

[everettsullivan]

I bought1K worth of BTC, ETH, CRO & DENT.

 

[Ashway]

There are too many people who don't have a clue what they are 'investing' in and follow the crowd.
Once price drops, people then pile out blindly.

This doesnt look like retail investors exit.

Serious manipulation by super Whales.

 

[everettsullivan]

This doesnt look like retail investors exit.

Serious manipulation by super Whales.

Don't forget the Virus bann on crypto

 

[Fakker]

This doesnt look like retail investors exit.

Serious manipulation by super Whales.

Agreed.
It’s falling down too fast.

 

[Luke22]

No dead for sure. I'm hodling it since 2015, been there already( when price falls from 20K to 4K). Maybe it requires more time to get over ATH, but it will happen no doubt.

 

[SpeedProxies]

Well, Tesla is the main reason, don't worry.

Altcoin season was about to start anyways. It will bounce back soon before altcoin season fully starts. https://stats.buybitcoinworldwide.com/s2fx/

 

[sylvyo]

38k doesnt look dead to me. it hit 3k last year in march 2020 in less then a year it hit 68k, it is the most alive asset in world.
but it is eating a lot of sardinhas (small fish)

 

[don7777]

Look at the news guys,
- Tesla stop accepting BTC
- China bans crypto payments
- Binance is being audited by the Justice Department and IR

What can you expect rather than a BTC drop?

 

[WorkingNow]

Could be institutions DCA'ing out of crypto. Wouldn't shock me if they re buy at 20's. Be vigilant of the false bull revive that happens every cycle, this could be it. Either way crypto isn't going anywhere imo.

 

[kwantos]

tthe thing is im afraid that it will never passed the 50k mark again since that elon thing was the only possible way to get high value

50k is a hard upper resistance once it goes above 50k again it will go to 70/80k and the bottom resistance will be 40k/50k

 

[Fakker]

Either way crypto isn't going anywhere imo.

What do you mean?
It has no future or it remains where it is and better?

 

[WorkingNow]

What do you mean?
It has no future or it remains where it is and better?

Only Sith deal in absolutes