Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: SkyRocket on May 13, 2021, 03:32:27 AM
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As we know, today the price of bitcoin is down to $50K, do you know what happen?and we also see the price of all altcoins including ethereum also decreased by almost 10%, what is the moment now? Is this bearish period or it's just correction?
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Liquidation or maybe Tesla suspended accepting Bitcoin to purchase its vehicle.
(https://i.imgur.com/btEo438.jpg)
https://www.altcoinstalks.com/index.php?topic=211098.0
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As we know, today the price of bitcoin is down to $50K, do you know what happen?and we also see the price of all altcoins including ethereum also decreased by almost 10%, what is the moment now? Is this bearish period or it's just correction?
don't just look at the situation for a few days, then you will be stunned that this is an extraordinary event bitcoin. whereas if we look at it from March alone there has been a deeper correction and it could eventually increase again.
then in April there was another correction which was almost the same as in March but once again bitcoin could increase again.
so if now the correction occurs again in a reasonable level and there is no need to be afraid, this is an opportunity to be able to buy and hold it, you will be able to do daily trading when a correction occurs like this because it will obviously be profitable.
we see there is still a long way to go for bitcoin to reach its highest level, it is still until the end of the year if we see from the first and second halving that happened. So naturally there is fear, but if we look at Bitcoin behavior, of course this is not a strange thing.
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I think it is just a correction, Traders react to this kind of tweets and experiencing anxiety so they're selling bigtime. This kind of move is just normal in a market, It is good tho because it creates a dip and opportunity to buy Bitcoin again.
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I have already noticed that sometimes in the morning we see a decent drop in prices in the market, however, in the first half of the day, prices not only recover, but continue to grow. The same is happening today after another decent price drop. The price of top cryptocurrencies is quickly recovering again. However, the downward trend in the level of dominance of bitcoin continues. It looks like big changes can be expected in this market soon. It is possible that it was because of this that Tesla stopped selling its electric cars for bitcoins. Institutional investors can also quickly restructure. Time to switch to ethereum.
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Bitcoin crash and it goes down day by day but i hope the Bitcoin make a great high soon in a short time. Bitcoin just make a short down and then after that it make a very big high in the market in a short time.
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The way Bitcoin started to rise again a few days after the price dropped, it seemed that it would soon reach $70k. But the exact opposite happened and the price of Bitcoin dropped to $50k. Now the way the price of Bitcoin is going down seems to be coming down to $40k again. Now it is not clear whether the market will grow again.
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It seems that Tesla wants to sell its Bitcoins and surely then buy again at lower prices. What I can't understand is that no one at Tesla didn't know how Bitcoin is mined, it seems like an insult to intelligence and a stupid excuse. A few hours ago Elon Musk asked on Twitter if people would like to buy Tesla with Doge, what a coincidence...
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They know, but they want to trade it like a fiat currency.
As for Musk's tweets, the man very much uses Twitter to drive the market in directions that are useful to him, but a lot of traders think he's one of them.
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(https://i.imgur.com/467LRxP.jpg)
I guess it was basically about that tweet. Until the crypto community that have been hodling strong for years without influences like Elon Musk understands that this guys dont have to come into the system and manipulate the market they way they want after making Billions of $ from it, this will continue to happen. Elon a few weeks or months ago said they invested Billion of Dollars in buying Bitcoin and after making huge profit now say Tesla will no longer accept Bitcoin due to baseless excuses, if a company like Tesla was unable to do this research before investing but was able to know this after making profits, I wonder what will happen to Dogecoin when the time come. This guys are only out for their own pocket.
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@Anonylz of course, Elon Musk only looks at his pocket, people who think that Elon Musk is interested in cryptocurrencies to enrich others do not know how wrong they are, but when they lose their money they quickly find out. Now is when we will see a lot of new projects that will say they use <1% of the energy, just in the hope that Tesla will accept it. Or maybe Tesla will launch its own coin, who knows.
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fud came back to back yesterday. Tesla first made a statement about bitcoin, then came the news that the US was investigated for the binance exchange. Vitalik announced that it will sell its shiba tokens. Thus, btc retreated to 46k.
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fud came back to back yesterday. Tesla first made a statement about bitcoin, then came the news that the US was investigated for the binance exchange. Vitalik announced that it will sell its shiba tokens. Thus, btc retreated to 46k.
The fact that Vitalik sold his INU tokens I don't think is something that affects the Bitcoin price drop too much, but Elon Musk's statement about Tesla affected a lot. Anyway and as we can see, Bitcoin ($50,898) and the rest of the market is recovering smoothly from the latest events, and from what it seems money is returning to global capitalization.
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Big Institutions are continuously buying at every Dip .First they create a FUD ,people got in their trap and start selling and ultimately Institutions stat buying.They are maintaining their average of Buying .Tesla also doing this type of action.Anyway, there are more opportunities for such crash to Grab your favorite coins in this crash.Some people only wait for crash and generate money.
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As we know, today the price of bitcoin is down to $50K, do you know what happen?and we also see the price of all altcoins including ethereum also decreased by almost 10%, what is the moment now? Is this bearish period or it's just correction?
I think it's very clear now that the EV manufacturer Tesla has an issue with how Bitcoin transaction was made through mining as it said it is about the environmental issue because Tesla aims to replace fossil fuel cars that emit more carbon into the atmosphere so I think that's the mean reason why Bitcoin price was dipping much investors might be troubled with that statement on other hand maybe other contributory factor is the ongoing tension in the middle east between Israel and Palestine because its a bad news and crypto market will easily react on any news and information.
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It's just correction. Musk's reversal will have a short-term negative impact on bitcoin and the crypto landscape as the market digests this news from one of its biggest supporters.
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Elon statement definitely affects bitcoin price to some extent but we can say it's a correction as well as we are seeing the continuously bullish move of BTC for a long. We can not say its a bearish period just have some patience for some time market will back with a bang again. Currently, BTC is trying to recover and moved up a little again. Even If we compare today Bitcoin price it is quite better than yesterday overall Btc is rising again.
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As we know, today the price of bitcoin is down to $50K, do you know what happen?and we also see the price of all altcoins including ethereum also decreased by almost 10%, what is the moment now? Is this bearish period or it's just correction?
Just to draw a concern, I think the title of this post should have been, "Btc price drop, or dump" in my opinion. However fluctuations is a part of Btc pattern and the price is certain to ether increase or decrease from time to time but can not crash, it is just a normal price fluctuations. As a matter of facts, the price of btc is known to fluctuation at any time and has proven very difficult to predict accurately. Thank you
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Wouldn't worry too much, price will bounce back. I do think Tesla has "part" of the blame, as previously mentioned
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Wouldn't worry too much, price will bounce back. I do think Tesla has "part" of the blame, as previously mentioned
I was disgusted with the news of Elon Musk disapproval of Bitcoin in buying Tesla which had consequently resulted in the dump in the price of Bitcoin, the whales control and manipulate the price of Bitcoin at will this is one of the ready Bitcoin may not be adopted in midstream of financial system because constant manipulation of the price by the so-called whales.
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I was disgusted with the news of Elon Musk disapproval of Bitcoin in buying Tesla which had consequently resulted in the dump in the price of Bitcoin, the whales control and manipulate the price of Bitcoin at will this is one of the ready Bitcoin may not be adopted in midstream of financial system because constant manipulation of the price by the so-called whales.
Fortunately Bitcoin is not owned by Elon Musk or Tesla, nor is their money the only one that can affect Bitcoin in a positive or negative way as in this case. Bitcoin will recover its price (its value can never lose it) and we will see new ATH without a doubt, it is only a matter of time and that people know how to think for themselves and not believe everything that the manipulators say.
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Except TA and generall psychological resistance at 60 k which was attempted to break it was Elon Musk tweet also miner hash rate drop which related to miner confidence and is an indicator that needs not to be frowned upon
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the down of bitcoin was because of tesla announced that will not accepting bitcoin as a payment. Well they just try to crash bitcoin but I believe this is just temporary, the price of bitcoin will bounce back just keep hold your bitcoin.
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the down of bitcoin was because of tesla announced that will not accepting bitcoin as a payment. Well they just try to crash bitcoin but I believe this is just temporary, the price of bitcoin will bounce back just keep hold your bitcoin.
the main factor that should keep the price down is Tesla's investment in Bitcoin, not the acceptance of Bitcoin as a means of payment. Bitcoin can become a means of payment only when all aspects of business and taxation are agreed.
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Simply have a take and observe the scenario for some days, then you'll be shocked that that is an notable occasion bitcoin. while if we study it from last sometime by myself there was a deeper correction and it can sooner or later boom once more. Then in last month there has been any other correction which became nearly similar to in March however all over again bitcoin should growth again. So if now the correction takes place once more in an inexpensive degree and there may be no want to be afraid, that is an possibility to have the ability to shop for and keep it, you'll be capable of do day by day buying and selling whilst a correction happens like this as it will glaringly be profitable. We see there may be nevertheless an extended manner to head for bitcoin to attain its maximum degree, it's miles nevertheless till the cease of the year if we see from the primary and 2nd halving that happened. So obviously there's fear, however if we study Bitcoin behavior, of direction this isn't a odd thing.
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As we know, today the price of bitcoin is down to $50K, do you know what happen?and we also see the price of all altcoins including ethereum also decreased by almost 10%, what is the moment now? Is this bearish period or it's just correction?
I think it is the time for correction , so we should keep calm to see this..
Bitcoin is going down to 38K USD now.
But I believe, we will see the bullish again.
Maybe the basic factor is Elon musk refuse bitcoin for Tesla payment.
The Chinese government also prohibit bitcoin mining.
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All the coins that are in the cryptocurrency market show that the price of all the coins has started falling.The state of the cryptocurrency market is very bad now.Those who buy and hold tokens now are more likely to make good profits in the future.
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All the coins that are in the cryptocurrency market show that the price of all the coins has started falling.The state of the cryptocurrency market is very bad now.Those who buy and hold tokens now are more likely to make good profits in the future.
The current correction is beyond the predictions that have occurred so far, because a while ago crypto was excited because many could reach renewable ATH. Obviously this is certainly good news and many are optimistic that it will continue to move upwards.
But unexpectedly, from the first news @elonmusk, the correction had started to occur but it didn't look surprising, but when there was news about bitcoin being banned in China, this resulted in a prolonged correction. whether news like this always makes bitcoin corrected. Of course it's a shame because it shouldn't have happened.
but bitcoin has experienced that many times and will be able to control it again and we are waiting for there to be an upward movement again.
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One of the reasons behind the decline in the price of Bitcoin is the boycott of Bitcoin by the world famous car manufacturer Tesla. The price of Bitcoin has been declining ever since they officially shared this news. However, there are many more reputable companies in the world that may later accept Bitcoin then maybe the price of bitcoin may rise again.
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As we know, today the price of bitcoin is down to $50K, do you know what happen?and we also see the price of all altcoins including ethereum also decreased by almost 10%, what is the moment now? Is this bearish period or it's just correction?
The bearish period seems still far from my expectations, but if you see a 50% decline, this situation can be declared bearish after several months from now, there are many opportunities to buy when the market situation is crashing, I can't just miss moments like this. , buying before the coin's price rises again is a good option before many new investors buy into the lot of Bitcoin they have stored for the long term
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The crypto markets are currently processing a the many of news that fuel the bear case for price development. One of the main reasons for the fall of BTC is the bad news.
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Indeed. The Bitcoin market was always driven by news. Tesla accepts Bitcoin now? Rally to the Moon. Oh, Tesla stopped accepting Bitcoin? Time to go into freefall.
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Indeed. The Bitcoin market was always driven by news. Tesla accepts Bitcoin now? Rally to the Moon. Oh, Tesla stopped accepting Bitcoin? Time to go into freefall.
bad news from social media will always have an impact on the bitcoin market because it always starts with panic but does not first check the news received. Is it true that all bad news can influence if it is not helped by the behavior of investors who also do things that are not praiseworthy by clouding the atmosphere, so that the correction takes place too deep.
should continue to reflect on the events that are continuously carried out by certain people with the clear aim of looking for profit.
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The price of Bitcoin is currently such that it is surprising. Because the price of this bitcoin is falling and rising again. The cryptocurrency market is always fluctuating due to which it is not clear which way it is moving. But now Bitcoin has become like a crush.
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Brother, what can I say about Bitcoin now? This is an amazing reason because we are now pumping bitcoin and dumping it again. The cryptocurrency market has never been stable. It always fluctuates. But now it has become like a bitcoin crash. It is unknown at this time what he will do after leaving the post.
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Now Bitcoin is declining in cryptocurrency which is causing a crash. Because Bitcoin has a downturn it poses a huge threat to the cryptocurrency because of the way the price of Bitcoin has risen. Just double that. And the chances of growth in the future are much higher.
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There are a number of reasons why the cryptocurrency market is declining, one of the main ones being Elon Musk and the Chinese government's negative attitude towards bitcoin. A few days ago, Elon Musk wrote that his Tesla car company would not support Bitcoin. Since then Bitcoin has started to go downhill and big market changes have taken place.
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There are many fud about Bitcoin from the US and also from CHina. More fuds are spread, more downtrend will come so easily. Crypto only has two factors to rise, the power and also fud, If there are some fud, Bitcoin itself can drop d\so easily and make all altcoins dropped
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I think investors are not investing in regular bitcoin platforms and Elon Musk is mainly responsible for the market crash of bitcoin. It would be wrong to say that the Bitcoin market has crashed. Basically Bitcoin has come down a bit. However, the market will recover soon. Because investors have already started investing in the platform.
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The only ones who say that Bitcoin is crashing or dead are mainly the new "investors" and users who have a total ignorance about the functioning of the market. Anyone with minimal knowledge of the market really knows what is going on, but many continue to look at just one tree rather than the entire forest. They still have a lot to learn.
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Nowadays Bitcoin has surprised everyone. Because of the way Bitcoin started to grow. Of course, the price of Bitcoin has increased the most in cryptocurrency because only the price has increased from the beginning to the end. And in the end the price has come down drastically.
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The Bitcoin price has suddenly become so dumping that it is unimaginable. After the price of Bitcoin was dumped again but that was to get increased. But suddenly dumping again now seems like maybe 2018 could be the cryptocurrency market. I have seen the posts of many investors and many of them have said that the price of Bitcoin will go down completely. It is not yet clear which way the market position will move.
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The Bitcoin price has suddenly become so dumping that it is unimaginable. After the price of Bitcoin was dumped again but that was to get increased. But suddenly dumping again now seems like maybe 2018 could be the cryptocurrency market. I have seen the posts of many investors and many of them have said that the price of Bitcoin will go down completely. It is not yet clear which way the market position will move.
The market right now is nothing like what happened in 2018 when Bitcoin went from $20,000 to $3,300. What investors have said that Bitcoin will go completely down?. I ask you because that is only said by newbies, true investors do complex market research and measure their steps a lot before investing, that dark and negative feeling does not come from people or companies who know what they are doing.
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There are many fud about Bitcoin from the US and also from CHina. More fuds are spread, more downtrend will come so easily. Crypto only has two factors to rise, the power and also fud, If there are some fud, Bitcoin itself can drop d\so easily and make all altcoins dropped
We cannot currently underestimate the role of social media in the development of bitcoin, because almost all news from social media, especially from someone who has a lot of followers, is clearly very influential.
but actually the role of investors is very unstable which greatly affects changes in bitcoin prices, because they take unwise steps and seem to be in a hurry to do something that results in actually clouding the market. if only they were wise then nothing like this would have happened, but we have to understand because they are haunted by a sense of great loss that will occur if they are late in carrying out the execution.
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There are many fud about Bitcoin from the US and also from CHina. More fuds are spread, more downtrend will come so easily. Crypto only has two factors to rise, the power and also fud, If there are some fud, Bitcoin itself can drop d\so easily and make all altcoins dropped
That's right, yesterday's decline in Bitcoin does have a close relationship with bad news about Crypto. Especially those from China, but fortunately the price of Bitcoin can go up again so that people don't suffer big losses. This happens a lot, therefore we must always be vigilant if there is more bad news about Crypto. especially from countries that have great influence such as the USA and China.
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Brother, what can I say about Bitcoin now? This is an amazing reason because we are now pumping bitcoin and dumping it again. The cryptocurrency market has never been stable. It always fluctuates. But now it has become like a bitcoin crash. It is unknown at this time what he will do after leaving the post.
I think you're right, crypto currency never stable, always pump and dump. I think It's just correction because Elon musk tweet, not sell Tesla in bitcoin.
It's just correction mate, bitcoin price will rise again soon.
So if you still have bitcoin, hold it be wait the higher price. Don't panic selling.
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Bitcoin Cash is a digital currency that is currently the second most popular currency after Bitcoin and Etherium. Bitcoin Cash's price has gone up a lot a few days ago but now it has dumped a bit due to poor market conditions. Bitcoin Cash is a high quality coin that is currently the most invested in the market.
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I don't want to spread FUD but the proof is that the price of Bitcoin is now down 50% from the most in history and this is evidence that investors are starting to lose their position of confidence to hold Bitcoin.
If it is like this, it is appropriate for an investor to think that they should reduce the Bitcoin price to the bottom so they can buy more at a low price. Note , this is only my opinion for further price of Bitcoin.
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I think by now you must have already know the reason for the price dump and also bitcoin dumped more from $50k down to about $33k and this was caused by the sudden FUD in the crypto space, Elon musk contributed to this low price we are seeing now because his tweet also made those weak hands and newbies to panick and sell at low prices, china with their news of banning crypto transactions caused a disaster also.
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I don't want to spread FUD but the proof is that the price of Bitcoin is now down 50% from the most in history and this is evidence that investors are starting to lose their position of confidence to hold Bitcoin.
If it is like this, it is appropriate for an investor to think that they should reduce the Bitcoin price to the bottom so they can buy more at a low price. Note , this is only my opinion for further price of Bitcoin.
This is not the time when the value of Bitcoin has fallen the most. During December 2017 and January 2018, Bitcoin reached $20,000, and in December 2018 it fell to $3,300, that means that Bitcoin suffered an 83% decrease in its value. Now things may seem bad for many, but personally I think it is an investment opportunity, we have to keep building.
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Brother Bitcoin but not crashed yet maybe the price has dropped for some time. But there are many differences between crashing and dumping. That's the state of the market that we see every year To be bad. However, towards the end of the year, the market is normal again. We wait maybe the market will be normal again.
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The Bitcoin market is pretty bad right now. Because the price of Bitcoin has dropped the most at present. There was a bull run in the cryptocurrency market. But now the price of Bitcoin has crashed. That means the market is risky at the moment. So the cryptocurrency market is very volatile. These changes are noticeable in the cryptocurrency market. Hopefully the market situation is likely to get better very soon. The price of Bitcoin is likely to increase at any time in the market. However, the bitcoin market may crash again.
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Brother, what can I say about Bitcoin now? This is an amazing reason because we are now pumping bitcoin and dumping it again. The cryptocurrency market has never been stable. It always fluctuates. But now it has become like a bitcoin crash. It is unknown at this time what he will do after leaving the post.
I think you're right, crypto currency never stable, always pump and dump. I think It's just correction because Elon musk tweet, not sell Tesla in bitcoin.
It's just correction mate, bitcoin price will rise again soon.
So if you still have bitcoin, hold it be wait the higher price. Don't panic selling.
I think this is more than just a correction. Musk's tweets weren't the only reason that caused Bitcoin and the rest to drop - news about new Chinese regulations have also contributed to the price drop big time.
Regardless, I agree, don't panic sell, I also believe the price will go up again, it's just a matter of time.
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Bitcoin has the highest price in cryptocurrency which is why Bitcoin has crashed in everyone's mind. Because Bitcoin has made everyone's mind up, which is why everyone is investing more in Bitcoin, which is why the price of Bitcoin is always higher. Bitcoin prices rise all the time due to the presence of additional investors.
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The deepest crash of Bitcoin, followed by altcoins are several weeks ago. The Bitcoin-only reached $30k, which dropped too much. And moreover, altcoins also dropped more than 50%. This is so bad. Although now the price is struggling, it may need more times to be back again.The crash is because of some FUD always spread like from CHina and also the US new regulation about crypto and Bitcoin