Bitcoin to rise again after ridiculous $1,000 drop in price
Updated
Shorts are JUBILANT right now over the big drop, but it's just the result of one moronic whale selling $50 Million all at once (or scammer selling). These big drops are NOT part of any kind of trend or chart analysis, they are anomalies! But shorts will use them to push FUD so watch out! If Bitcoin had consistent losses over a few days, then you can begin to make a conclusion, but NOT due to ONE $1000 drop that happened over a few SECONDS. Don't buy into the FEAR, or the FUD. Bitcoin is strong until the end of May. (Get out by May 29th, though.)
Comment
Correction, $200 Million sold at once.
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