When Bitcoin Price Plummets, Focus on the Fundamentals To See the Bigger Picture
Buy Bitcoin to take the power, not to make money.
On May 19, 2021, the price of Bitcoin crashed violently. In a matter of hours, the Bitcoin price dropped from $43K to just $30K. Tens of billions of dollars were liquidated in a few hours before a still powerful rebound brought the price of Bitcoin back to around $40K.
The bottom seems to have been reached around $30K.
The st…
Keep reading with a 7-day free trial
Subscribe to In Bitcoin We Trust Newsletter to keep reading this post and get 7 days of free access to the full post archives.