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Topic: BTC 'exhausted' at $6k - 'bottoming process' could sink crypto to $4k - page 3. (Read 507 times)

jr. member
Activity: 392
Merit: 1
The story is not really accurate and factual as the price of bitcoin  is rather  rising for a while now. From my  experience in crypto, am anticipating that the price will hit $7k in the coming  days.
hero member
Activity: 1834
Merit: 759
BITCOIN is fighting back after news of yet another hack on an exchange in South Korea sent crypto prices tumbling this week.

Wait, how exactly is Bitcoin fighting back a tumble after the recent Bithumb hack? The price barely moved lmao.

Also, all the "expert" says in the article is that Bitcoin is down 70% from peak value, and this therefore meant that selling is exhausted, and thus will bottom out. How does that work?

Nothing insightful to see here.
legendary
Activity: 3080
Merit: 1500
where do these people get this stuff from? Shocked

"fighting back", "exhausted", "bottoming process",... it is as if the article is trying too hard to use words to scare people into thinking price is about to fall down hard Cheesy
the funny thing is it is not even showing smallest signs of drop. if anything it is showing signs of rise. ever since this "hack" happened the price has gone up about $400!

Lol !! These is how one should write high quality article where people will spend more time to understand the objective of the article. This will increase the pageview timing for that website and in turn increase the traffic ranking.

The fact is technical analysis are made for fully regulated stock market. It holds no significance to a trustless and decentralized currency like bitcoin. Nubes will be worried after reading such articles while experienced will keep calm!!
hero member
Activity: 1456
Merit: 578
HODLing is an art, not just a word...
where do these people get this stuff from? Shocked

"fighting back", "exhausted", "bottoming process",... it is as if the article is trying too hard to use words to scare people into thinking price is about to fall down hard Cheesy
the funny thing is it is not even showing smallest signs of drop. if anything it is showing signs of rise. ever since this "hack" happened the price has gone up about $400!
newbie
Activity: 63
Merit: 0
Bitcoin price LIVE: BTC 'exhausted' at $6k - 'bottoming process' could sink crypto to $4k

BITCOIN is fighting back after news of yet another hack on an exchange in South Korea sent crypto prices tumbling this week. However, one expert has warned that bitcoin's “bottoming process” has began and prices could soon sink down to '$4,500'.

Details:
https://cryptomonster.net/news/bitcoin-price-live-btc-exhausted-at-6k-bottoming-process-could-sink-crypto-to-4k-express.co.uk/index.html
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