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Author Topic: The market has bounced - unexpected  (Read 177 times)
lixer
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May 26, 2021, 06:52:56 PM
 #21

I'm not sure but I guess Bitcoin won't drop below $30,000 at this current price pace. Infact, even with last week's sell off because of the regulation and taxation issues for Cryptocurrency didn't even drag Bitcoin below $30,000.
I honestly made a small profit after I bought somewhere at $33,000 last week, but I somehow felt regret for not buying more because I also waited for Bitcoin to at least touch the $20,000 level but It didn't.
We are in the same boat but I bought a very tiny amount (50 bucks) because that's all I had. I honestly do not see bitcoin going under 30k anytime soon at all, that was the bottom and we reached it and I believe something huge needs to happen before we could go under 30k. There needs to be a very bad news and a huge sell off again in order for that to happen and I doubt it would happen that quickly. All jokes aside we are doing fine and I doubt that it would happen anytime soon.

However the recovery seems to be doing great and I doubt that it would really matter all that much, there is a chance that we could be seeing over 45k and even maybe reach 50k as well in a month or so.

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