Quote:
Originally Posted by superdog
Given the most recent happenings and the article below, btc is holding better than I’d have imagined possible.
Granted, it’s still down and not looking good. But I would have expected a complete collapse at this point.
https://finance.yahoo.com/news/hundr...133219541.html |
very little sellers left for btc, most of them capitulated and blew up in may/june and this event doesn't really have a direct impact on it. i don't really consider btc as crypto anymore though because of the fundamentals behind it anyway. with that said, i don't know if the rest actually recovers from this for a really long time though (if it even does). the biggest problem now is if it stays below 20 for too long and starts blowing up miners but i believe the biggest miner already capitulated over the summer
the saddest part is btc would probably be pushing 30k if this never happened given how stocks performed this week