Is the doomsday scenario that people apparently think bitcoin is worth 100k?
Oh no! The folks at the top of the crypto scheme took more fake value tokens from their investors/believers.
Doomsday scenario seems a little dramatic.
It hasn’t seen these lows since, gasp
… Earlier this month?
Smells like someone was over-leveraged.
Doomsday for the people who went all in lmao
Buy high, sell low.
That’s what I always do.
At all time high maybe?
Otherwise you’re up a multiple still.
For cryptocurrency if it isn’t dropping by 15% or more in one day I don’t think you can really even call it a crash.
Bitcoin’s dropped way more
Past trading trends are no indication of future performance. Drawing pretty hopeful pictures on graphs is not an indicator.
It’s not a guarantee but is an indication. In general, the more times something happened in the past, the more likely it is to happen in the future.
It’s a reality check
Especially considering it’s back above $100k currently
