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RE: Bitcoin Plunges To $7000 In Worst Start To Year Ever

in #bitcoin7 years ago (edited)

Cryptocurrency's first mainstream adoption phase recession. Liken this phase to buying equities/real estate in 2008/2009. Still suspect a drop to $4-5k level is on the horizon, but long term I would not want to be caught with my pants down shorting Bitcoin. BTC and broad crypto market will be materially higher this year and next, play accordingly.