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There isn't a crash in bitcoin price, there is a market sale going on just in time for the holiday. Entry points in down markets is smarter than entry points at
by drawkbox 13y ago
There isn't a crash in bitcoin price, there is a market sale going on just in time for the holiday. Entry points in down markets is smarter than entry points at the peak of they hype. This happens on the stock market everyday. When buying, red is green.
In the end, crashes filter out the most speculative and eventually the shorts (in other markets -- the only way to short bitcoin is selling so it will be more volatile during these machinations, it will need shorting soon as it does help keep a solid bottom), there is apparently lots of speculation padded in the recent bitcoin price.