Over the years bitcoin has shown some resilience against different attacks. The latest among them is the Segwit2x hard fork cancellation. Since that incident bitcoin has lost about 30% in value and counting. This question is how long will this fall continue.
Hmm this post seems a bit late I think.
We are moving up to $7000 now it looks like.
Not sure if that's just a trap, because except to the breakout the volume is pretty low at the moment.
Attacks like china banning Bitcoin, Bcash fork, S2X fud etc. have caused 4 significant drops this year. However the priced always recovered and moved to new ATHs.
And keep in mind that those drops were kind of needed to prevent us from going parabolic. So those kind of attacks are helpful in a way.Furthermore it's strenghtening the whole community. With each attack we learn more and more who the bad actors are, from inside and as from outside the community.That makes us become much more resilient.