web3nex on Nostr: Why bitcoin went down recently ? 1) FOMO caused overbought 2) GBTC outflows due to ...
Why bitcoin went down recently ?
1) FOMO caused overbought
2) GBTC outflows due to high fee and competition
20-30% price correction is necessary and healthy. It is opportunity to step in if you do not have any Bitcoin.
Published at
2024-03-20 15:28:11 UTCEvent JSON
{
"id": "945e9c09cc934572fd2af32ba34b0045077794bb366e40b187355e55ec01ce72",
"pubkey": "8597c9867208a8c159891d95a2a9c29ce08d39aec73e3603d253775e36f8bad0",
"created_at": 1710948491,
"kind": 1,
"tags": [
[
"client",
"Nootti",
"31990:59061610b8e76ce6a306acc07993a5f0328c2fd5021dd7c546e2507f8ad7643a:1699103355"
]
],
"content": "Why bitcoin went down recently ? \n1) FOMO caused overbought \n2) GBTC outflows due to high fee and competition \n20-30% price correction is necessary and healthy. It is opportunity to step in if you do not have any Bitcoin.",
"sig": "a3bed2ce6537629c3f11f16601f759ba2be3e15fca317463e67fd3832b10755583c5318dee05c1e3c51169b22c29b01cf61524cdcd19a5592ad6707d7719b2cf"
}
