After more than doubling from its previous high and reaching 41k, bitcoin is testing the hands of its believers by plunging almost 20%. Although such moves for bitcoin are not uncommon, increased swings are subtracting points from the store of value narrative that we have had recently.
It will be interesting to see at what level fresh buyers step in and hat strength the new buyers will have in potentially pushing the price to new high.
It will be interesting to see at what level fresh buyers step in and hat strength the new buyers will have in potentially pushing the price to new high.
