Why did Bitcoin dump down to $42000 and what should you do about it?

    38 Comments

    1. We are currently at 40,900. I highly doubt this has anything to do with rates, ts all in the charts. We will likely go lower before the real run begins. Perhaps low 30's before takeoff.

    2. yes it is a correction, there is no reason, it happens on the way up and down. And it might turn into a 35% one and last 3 months. If this wasn't it, its coming soon.

    3. I bought some this morning when it dropped, DCA baby, if you are in for the long haul. It's give you a chance to load up at a discount!

    4. We are now all the way back to prices not seen since 8 days ago.

      Buckle up newbs, you'll see worse than this between now and whenever we hit the cycle peak sometime in 2024/2025

    5. This is that time of the year when whales closed their position ahead of tax season. Just like some wealthy investors dump a lot of stocks right before the end of the year.

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