Peterweb3 on Nostr: Why bitcoin went down recently ? 1) FOMO caused overbought 2) GBTC outflows due to ...
Why bitcoin went down recently ?
1) FOMO caused overbought
2) GBTC outflows due to high fee and competition
20-30% price correction is necessary and healthy. It is opportunity to step in if you do not have any Bitcoin.
Published at
2024-03-20 15:28:11Event JSON
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"pubkey": "8597c9867208a8c159891d95a2a9c29ce08d39aec73e3603d253775e36f8bad0",
"created_at": 1710948491,
"kind": 1,
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"content": "Why bitcoin went down recently ? \n1) FOMO caused overbought \n2) GBTC outflows due to high fee and competition \n20-30% price correction is necessary and healthy. It is opportunity to step in if you do not have any Bitcoin.",
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}