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Bitcoin (BTC)
Latest news on bitocin recent bearish market.
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[QUOTE="Mika, post: 245699, member: 29399"] During the last bearish run (in 2021, Bitcoin had gone below $30K. This time also Bitcoin has gone below $30K. When in 2021, Bitcoin went below $30K a lot of people, including those so-called crypto experts, started saying that Bitcoin will go back to $20K, or even below $10K, however, that did not happen, just in a few days, the price began to improve. This time also when Bitcoin is on the bearish run for some time, people are saying that the price will continue to go down, and some crypto haters are even saying that this is the end of crypto. People make assumptions, they soon become too enthusiastic or soon become depressed. When Bitcoin was at an all-time high of $69K, people started saying Bitcoin will not become $100K but it did not happen. The price of bitcoin and all other cryptocurrencies depends on a lot of things, such as government policy, market situation, or even unrelated things such as stock market performance. The price of Bitcoin and other cryptocurrencies started dropping when Biden Administration introduced a bill that was not favorable to crypto, and the war in Ukraine made everything worse. [/QUOTE]
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