RE: Bitcoin falls to $9.5k, will it be able to recover?

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Bitcoin falls to $9.5k, will it be able to recover?

in bitcoin •  5 years ago 

Everytime bitcoin (Or any asset for that matter) falls, people speculate wheather it is the end of it! Always!
Price is different from Value (although it is hard to valuate cryptos) and price means nothing on the long run. Price reflects the flow of money.
So, better see if significant events changed the environment on which bitcoin is viable. The rest is looking for a way to lose money!

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Well said.