Unable to handle the successive stream of manipulative news in a technically weak period, Bitcoin continues to decline.
Many investors remained inside due to the sharp decline. Investors who stopped using stop-loss with the comfort of being in the bull market for a long time have suffered the most from this business.
While experts state that Bitcoin is in the oversold zone and a reaction must come, the steady stream of negative news delays this reaction.
Changpeng Zhao, the CEO of the world’s largest crypto money exchange, stated that the corrections in Bitcoin can be harsh in this way, this is not the first and will not be the last, but he believes that Bitcoin will come.
Stating that he has not sold a single crypto currency in the last few days and months, the CEO said that he does not plan to do so in the future.
“I don’t sell cryptocurrencies. I use cryptocurrencies to buy things but not to buy fiat money ”
Disclaimer: I haven’t sold a single crypto in the last few days/months, and no plans to do so in the future either.
I don’t “sell” crypto. I do use #crypto to buy things, from groceries to companies, except fiat.
Not financial advice.
– CZ 🔶 Binance (@cz_binance) May 23, 2021
* This information shared within the scope of the right to give information does not contain any investment advice.