12-05-2021, 06:12 AM
Has btc ever recovered this strong before?
<!-- SC_OFF --><div class="md"><p>Suddenly a 22% crash has turned in to an 8% dip, has anyone ever seen btc recover like this before?</p> <p>I know btc usually rebounds strong but this seems like it’s on another level, I wonder how the people that panic sold down at 42k are feeling now.</p> <p>Looking at Binance, ETH is down a whopping 2.5%, that’s literally just normal daily volatility at that point. It’s crazy how quickly things can change in this market.</p> <p>Perhaps we’ll drop a bit more again before we hit 50k but to me this seems incredibly bullish.</p> <p>What do you think will happen next? Was this just the shakeout before the next rise? Could the 100k btc by eoy predictions still be valid? Would love to know what everyone’s thinking now!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/olihowells"> /u/olihowells </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r8xqlq/has_btc_ever_recovered_this_strong_before/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r8xqlq/has_btc_ever_recovered_this_strong_before/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Suddenly a 22% crash has turned in to an 8% dip, has anyone ever seen btc recover like this before?</p> <p>I know btc usually rebounds strong but this seems like it’s on another level, I wonder how the people that panic sold down at 42k are feeling now.</p> <p>Looking at Binance, ETH is down a whopping 2.5%, that’s literally just normal daily volatility at that point. It’s crazy how quickly things can change in this market.</p> <p>Perhaps we’ll drop a bit more again before we hit 50k but to me this seems incredibly bullish.</p> <p>What do you think will happen next? Was this just the shakeout before the next rise? Could the 100k btc by eoy predictions still be valid? Would love to know what everyone’s thinking now!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/olihowells"> /u/olihowells </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r8xqlq/has_btc_ever_recovered_this_strong_before/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r8xqlq/has_btc_ever_recovered_this_strong_before/">[comments]</a></span>Kind Regards R