The price increase is still ongoing. And do not expect a fall in the near future.
Absolutely, Bitcoin is bullish as never have been before. The downward trend is not expected soon. It can dip a bit but it will not affect the general trend. When Bitcoin went down from 34k to 30k it was seemed huge but if we look at the broader picture, it was just a small dip before the price increase.
Well said - very true.
Maybe share the news on its day? Because we have literally peaked over 40k while you are sharing a news about how bitcoin "had the biggest drop since march 2020" it wasn't really that huge neither, it was something small that we recovered very easily and doing a lot better right now.
I personally feel like the best way to approach bitcoin as of right now would be to let it grow, we can buy or we can stay out, or we can keep holding if we have any, but I would say any time anyone sells bitcoin, they are making a mistake right now. Of course you could have a personal need, an emergency, something related to health specially during this pandemic it makes sense, but at the end of the day we are talking about bitcoin bull movement and it hasn't stopped. So when you share a news that is 4 days old or more, and when the crash was for just few hours, it suddenly becomes old news.
