Just woke up and was checking markets on Binance, everything is in red zone. It seems Bitcoin is gonna dump below $30k. And you know that when Bitcoin dumps it takes everything down with it.
In bear season many people sell their bags in Panic at loss. Newbies ? Mostly newbies do that according to my knowledge. I know that because I used to sell my bags in Panic when i was new in crypto.
Do you remember the Past dump ? When btc went below $27k. Many holders dumped there bags considering that it will not recover again. Then btc came back stronger and Proved them wrong by setting new all time high value.
Bitcoin is repeating the same procedure and i believe it will come back stronger than before.
Its just matter of time.
You are in loss only if you sell below the purchase price. Holders Will be the winners in the end. So keep holding and chill.
Have a nice day ahead
What do you think ? Will Bitcoin go below $30k ? Let me know your thoughts in comment section.
Thank you.