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Bitcoin's daily price range: $11,000+
Various people who don't understand Bitcoin (dumb mass media, economists, etc) call it a 'bubble'. If we check the chart we can spot a view 'bubbles'. It's just price discovery, but hey, let's say these are 'bubbles'. Perhaps Bitcoin now enters a new 'bubble' (around $50K) again?
Bitcoin $BTC 10% correction has been met - might be all we get A 20% correction would be to 46,693 A 30% correction would be to 40,856 A 35% correction (avg of 30%+ corrections in 2015-17 trend) would be 37,938 Jan high at 41,986 would be logical spot to buy
But digital assets are EXPONENTIAL trends driven by network effects. These are powerful long-term secular shifts are very different in nature to linear trends. As investors, we really aren't experienced in this, in general. So we apply our old bubble framework and it doesn't work
So you took a loan backed by from and they liquidated you claiming ETH went down to $800... No one got liquidated on and no one did anything besides checking the interest they earned with Celsius. Email firstname.lastname@example.org and ReFi your Nexo
The last time I sent a wire transfer, it took over a week and cost $40. The last time I sent a transaction, it took under an hour and cost $3. Tell me again which currency is “inefficient”? https://t.co/yP7I1Ey98z
CNBC @CNBCYellen sounds warning about 'extremely inefficient' bitcoin https://t.co/BB6dyXm6zZ
Bitcoin traded in a record daily price range of nearly $11,000 Monday after its sharp drop from $58,000. reports
is now halfway between the bull market cycles of 2013-2017. $75k by end of March still on target IMO.