Replying to Avatar CB ₿itcoinomics

My thoughts on this sudden pullback in the Bitcoin price:

-> Prices are still holding at 30k.

-> The dump happened on low volume.

-> No FUD news has come out as of late.

-> The Dollar is also down as inflation drops.

I'm going to attribute this to industry players trying to shake more of the weak hands out.

Don't buy it! I'm still stacking sats and DCAing.

Leave your thoughts below. 👇🏽

#nostr #plebchain #bearmarket #bullmarket #stacksats
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Diego Valley 2y ago

I think it’s tough to put btc price action down to anything specific, especially short term. But if I had to it would be down to worse then expected Chinese GDP figures released today.

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