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Learning & News => News related to Crypto => Topic started by: newshunter on September 28, 2022, 07:03:33 PM

Title: Bitcoin price fails to hold $20K again, but there is a silver lining
Post by: newshunter on September 28, 2022, 07:03:33 PM

Bitcoin price fails to hold $20K again, but there is a silver lining

BTC’s attempt to recapture $20,000 as support failed, but on-chain data reveals a handful of positives.

Source: Bitcoin price fails to hold $20K again, but there is a silver lining (https://cointelegraph.com/news/bitcoin-price-fails-to-hold-20k-again-but-there-is-a-silver-lining)

Would appreciate your opinion about this

Title: Re: Bitcoin price fails to hold $20K again, but there is a silver lining
Post by: Bobcrypto on September 29, 2022, 08:04:31 PM

Yes, despite the on-chain data reveals of a handful of positives break out or trends, I think that bear is still very strong with no sign of a quick recovery. I am beginning to conclude that we may be facing the longest bear run in the history of crypto besides the 2018 market melt down that almost wipe out BTC, one of the highest All time Low after the a big pump.