Bitcoin trend accumulation score by cohorts

[IvugeoEvolutionCoin]

In fact, the reality is not that simple. Even after the halving, the price of Bitcoin continued to decline, and today, it became one of the peaks of the drop after the halving. Quite surprising, but again it may also be influenced by current issues.

I also don't think that the price of BTC will fall back below $60k, but I think even if it drops, it won't be this far. However, the net even touched $56k. and there is a possibility of even more drops. That's certainly going to be quite panic-inducing for Bitcoin shorter hodlers especially, or people who are just entering the crypto world, right?

Currently the price of bitcoin has touched $61k and it doesn't look like it will last long because market conditions are not very good, support from bitcoin buyers has decreased and there is a lot of bad news circulating which has caused the price of bitcoin to decline.

[bayu7adi]

Currently the price of bitcoin has touched $61k and it doesn't look like it will last long because market conditions are not very good, support from bitcoin buyers has decreased and there is a lot of bad news circulating which has caused the price of bitcoin to decline.

But good news always comes suddenly and doesn't even give time for those who are late to buy. I still feel that there are many large institutions and also whales behind the scenes who still want Bitcoin to survive and make profits for them... therefore, following their flow is the only way for retail investors to survive.

Maybe right now they haven't moved, so the bad news and negative sentiment keep coming... however, I remain optimistic for some time to come, because Bitcoin and cryptocurrencies always provide magical surprises. Just be patient and hold onto your assets for some time to come.