In 2018, Bitcoin fell to around 6000 before rebounding. Each subsequent rebound was smaller than the last, eventually leading to a period of near-side consolidation with occasional spikes. During that time, large funds were actively buy the dips… Then the hash war broke this stalemate… a rapid decline… eventually reaching 3000+… The point of recounting this history is to say that even if 60,000 is the bottom, it doesn't mean the bear market will be short... Also, the details of the historical events may differ. twitter.com/TingHu888/status/2...
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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