Bitcoin looking strong today

[Melvin]

Bitcoin is looking strong today after a seemingly rapid drop it experienced yesterday.

Can you understand why it grew back up?

Just between yesterday and today it experienced a significant amount of increase. It may be some investors grabbed some profit if they bought btc yesterday.

 

[Adewale Stock]

Bitcoin is not as storm anymore oh. It’s been going downZ

 

[Melvin]

Bitcoin is not as storm anymore oh. It’s been going downZ

Thanks for the update!

 

[Adewale Stock]

Bitcoin price keeps dropping it looks like people only like to buy bitcoin when it high. Me not when it’s low.

 

[Melvin]

Trust a lot of people are waiting for bitcoin to drop well (it's been a long while seen bitcoin halfed).

 

[Adewale Stock]

Well for some reason people won’t buy Bitcoin now that it’s down. They’ll wait until it goes up again.

 

[Melvin]

Well for some reason people won’t buy Bitcoin now that it’s down. They’ll wait until it goes up again.

I guess so.