Even though this "China FUD" is nothing new, a ban on mining in China could be the best thing for #Bitcoin long term. It will make it more decentralised and it will allow miners in other countries (who use cleaner energy) to compete.
My two sats...
As long as @michael_saylor MicroStrategy and @elonmusk Tesla aren't selling, I'm not worried about a bear market at all
I won't be surprised to see Facebook announce a multi billion dollar #Bitcoin purchase in Q3
Zuckerberg already dropped the hint 🐐
This is auspicious for #Bitcoin coming from David Rubenstein. He is chairman of the Kennedy Center for the Performing Arts, former chairman of the Smithsonian Institution, chairman of the Council on Foreign Relations, & president of The Economic Club of Washington, D.C.
I don’t give financial advice, but don’t leverage trade! Ignore the people trying to get you to sign up on leverage trading platforms. That is misguidance and a cash grab. It’s not to help you.
Honestly, not even joking, might transition into a trader that only buys whenever everyone gets liqd and sells back a day later.
It's been the days where I've made most and then I can chill the next year until it happens again.
Sixth worst #Bitcoin correction in past 9 yrs.
Likely that low today holds for a long time.
35k-45k-55k still well elevated with huge embedded profits from last year.
Only way to win here is to #HODL.
Greatest bull mkt of all time must be volatile to achieve rare heights.
Good sign that #Bitcoin is acting around $40K at this stage.
If you want to see signs of a reversal, such a fast bounce had to happen.
Probably, over time, volatility starts to drain away and the market calms down.
For now, this is a good start.
Some altcoins are already 2x from the bottom of the dip just 4 hours ago
Unfortunately, very few were actually able to snag this opportunity
Green days are ahead of us