The scariest thing is not that Bitcoin is dropping in price?!?
Bitcoin has been continuously breaking its all-time highs in recent days. A common point in web3 communities around the world is that the majority still doubts the price increase of Bitcoin!
Indeed, before Donald Trump was elected president, many expected Bitcoin to correct to 50k - 55k. This fear is grounded as numerous altcoins have sharply decreased by 10%-30%. As a result, many investors sold in panic to hold stablecoins.
However, the market quickly reversed and has been continuously reaching new highs in recent days. The fact that most investors are holding too many stablecoins has led them to expect Bitcoin to correct in order to buy tokens at a lower price. So if Bitcoin and altcoins continue to rise in the near future, it will be something many do not want.
Those holding USD will expect prices to drop while those who bought altcoins earlier will expect prices to rise. Which side are you on? Comment your opinion below!
