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MihaiDanielBMK
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Fatalistic predictions related to the price of #Bitcoin have already started to appear, some say $35,000 in two weeks, others $16,000, although the average value of Bitcoin in the last 150 days is $55,600, what can I say "funny". It takes two bearish days and it's already the end of the world even though Bitcoin has a 24% correction

Fatalistic predictions related to the price of #Bitcoin have already started to appear, some say $35,000 in two weeks, others $16,000, although the average value of Bitcoin in the last 150 days is $55,600, what can I say "funny". It takes two bearish days and it's already the end of the world even though Bitcoin has a 24% correction

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#bitcoin  has the biggest correction in this Bull Market -24%, since 2022 so far it has not had a correction bigger than -23%. It is the first bull market in the history of Bitcoin where it has an all time high before the halving, it is the first time that btc becomes an ETF at the highest level. On any major exchange there are buy orders for hundreds of bitcoins, the question is why are the sellers selling? What is their logic? Those who shop are well aware that you don't come across opportunities like this very often.
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Bitcoin is approaching an important support area 55,600 is the 50 3-day average value, if that area does not hold as support it is possible to go down to $47,000 After 7 bullish months, the moment came when the market had its first more serious crash, at this moment minus 21.5% from the all time high, it's not something out of the ordinary but it's unpleasant
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We are 48 days and 18% away from the All time high for #Bitcoin. By comparison, on December 26, 2021, we were still 48 days away from ATH but minus 40%. $74,000 is not the peak of this bull market, 18% is a minor correction, Altcoins are a nuisance, but it's a matter of time, don't forget, don't sell on the downside, there is no downside 🍀
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Basically, poor CZ knew what he knew, now that the decision is formal, 4 months will pass like a thought and like the wind. He agonized for at least 8 months waiting for this verdict! That's it, it's not a reason to dump, at least CZ is a billionaire, after 4 months he's sure to be even richer! #Binance will remain number one and hard to top soon! Basically they set the example on CZ like you see no one is too big or too strong Mister CZ be strong 💪 you will be here to enjoy the top of the market
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The logic in investing is as follows, to make a profit you have to buy cheap or very cheap. To make a profit you have to sell more expensive or very expensive! When the market is cheap there is also panic and it seems like the worst time. Although it seems that the discount season lasts a long time, it is not that long.
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