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bought bitcoin all the way to the bottom by oren730

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· @oren730 ·
$29.06
bought bitcoin all the way to the bottom
Yeo, I did it again. 

The same mistake that i did back in the middle of january were I bought bitcoin at 14k and 13 k - 

I have repeated it again and bought bitcoin all the way down 7000k hoping that its the bottom altough most analytics will tell you that 6800 area is the bottom because its the previous powerful resistence so now it will be the support.

but this time I didnt do it just because of fomo like everybody else back then. i did it because I believe bitcoin is in a much better place right now. its true that while we still in this bear market it seems that no good news succeeds in effecting the price for the good. 

I believe that there is a more powerful force that is driving the price down and it invloves otc trading (over the counter trading) which means whales or big Corporations who buys really large amount of bitcoin outside of exchanges and then the same people can cause the market to go up for a while as we seen the last high of 8400$ and they can cause the market to go low like now.

Inspite all of that I believe that even those poeple believe in bitcoin and will hodl most of it eventually to earn from the coin appriciation after a real mass adoption will take place like on the recent news about starbucks which announced that they will accept bitcoin as a form of payment in their shops (which turn out be half fake news) or the approval of the etfs this year.

Cryptodad
 
![](https://cdn.steemitimages.com/DQmVPbqFGHnQsW1h7TjkH3RcGQb8tDgxHwmhdMR6MZKaig6/image.png)
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vote details (10)
@bangash ·
great information sir....
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@bankthecrypto ·
$0.09
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