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Remix24
Apr 18, 2021 4:39 PM

Bitcoin, the bigger picture, WTF HAPPENED? WHY DID WE CRASH? 

Bitcoin / United States DollarCoinbase

Description



To read the full article on why bitcoin dropped and what we can do to prevent it, click the link. (2 minutes read)
https://www.buymeacoffee.com/Averagetrader/bitcoin-drops-and-alts-bleeds


Pullbacks happen for different reasons, but they're guaranteed nonetheless.

Price structure is still intact. We're still making higher highs and higher lows. If we close above the 50EMA today, it would indicate a good opportunity to add to your crypto bags.
Comments
fastco2917
SPOT on in my opinion, the MM's, Coinbase and GBTC can't afford to let it crash. No one seems to mention that the 14% discount to GBTC just went to zero or negligible, and coinbase early investors just dumped massive amounts of coinbase stock on day one to diversify their wealth, "smart Money". It's comical when you follow the chat and the so called self proclaimed OG's say these swings are so common to BTC you must be a noob if you are afraid. Then the Self Proclaimed OG bears SCREAM and verbally attack the same noobs saying "noobs know nothing we are going to zero" with a 17% pull back due to FUD and power outages causing hash rate declines. Chat is over flowing with bipolar manic children of all ages. We going higher before we blow off top.
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