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Bitcoin Forum / Re: is $60k the floor rate of bitcoin after halving?
« Last post by taufik123 on Today at 11:13:21 PM »As you can see, there is a couple of bad news on the market at this moment and the entire crypto market has been going down for the last five days. It's all because of the ETF outflow five days in a row. The bad news is about CZ and I hope we all know about that. The other bad news is Russian crypto bans. I don't remember how many times Russia announced bad cryptocurrency but I am sure this is not the first time. We have touched the 56K range already after that bad news hitting the market. This was a good opportunity for all of us to buy a little more. But, some analyst says we might go into a bear market if Bitcoin breaks the 57K support.So much bad news is always exaggerated and the goal is indeed to influence the price of bitcoin.
This $57k price is a good opportunity to start buying back or to accumulate holdings of bitcoin and some of the top altcoins.
The bad news has been arranged in such a way by those who want the price of bitcoin to be cheaper.
But when bitcoin starts to be bullish again, there will be a lot of positive news that appears.