Weak hands shaked off. new cycle is begin now?

[vincyman747]

This dump is for billionaires to start buying back into Bitcoin at a lower price. This happens often in the precious metals space.

 

[Sandman_]

I think we hit the bottom and will start going up next week.

 

[JavascriptPufferfish]

i hope it dumps more and stays there for at least 1 year. i don't have enough money on crypto, not even close.

 

[Fakker]

In the past whenever bitcoin falls more than 25% in a day it has fallen even more in the days and weeks following.

Question is: are we sure we can compare this with what happened in the past?

 

[KlaudiaK]

Are we going to recover from this or BTC will dump until 20 - 25k ?

I think it will recover, there has been a lot of "apple tree shaking" going on lately but it's what is needed to bring new money in, as well as whales laughing at the panic offloading. Higher highs and higher lows. Just be patient.

 

[KlaudiaK]

i hope it dumps more and stays there for at least 1 year. i don't have enough money on crypto, not even close.

I am trying my best to get to 1 whole bitcoin, i believe it will be a solid investment.