Bitcoin dipping on some FUD, I'm buying it
Buy the FUD!
First it was Yellen, then it was revision of Tether drama, and now it's the mythical double spend demon.
From what I understand it wasn't a double spend, but instead a block re-organization.
Which is actually quite common in bitcoin.
When I saw that verification that bitcoin wasn't ded, I jumped in with both feet and bought all back in at $31k just now.
(Source:
)https://twitter.com/CryptoMichNL/status/1352289400017850376/photo/1
- CryptoMichNL
Based on the chart above, it looks like we could get all the way down to $28k, but it may not.
Volume is spiking big time and the price is holding around $31k, and for me that was enough to get in here just in case we don't actually get to $28k.
10% downside with 500% upside, I'll take it.
The neat thing about this crash today is that HIVE is holding up quite well.
Anyone have any info on why HIVE is so strong today?