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RE: Bitcoin is getting scarily close to $3K again. WILL IT MAKE IT THIS TIME?

in #bitcoin7 years ago

The higher price will inevitably get more interest so if it does fall a lot of people will suddenly say ok cool got an opportunity to jump in, so price wouldnt fall for long.

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Perhaps but people are often illogical and tend to buy when the price is going up instead of on dips.

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