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#Post#: 48--------------------------------------------------
Bitcoin crashed nearly 50% from its high to 30K today - Chinese
govt's crackdown
By: GarrChris Date: May 19, 2021, 8:39 am
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Hi,
Any crypto investors here? Owing to the intensified Chinese
crackdown measures on cryptocurrency transactions, BitCoin has
almost fallen 50% from its near high a few fortnights ago.
Today, it touched a low of 30K. Experts say its next support
level is at 19K and if it crashses further, there would be a
deadcat bounce to 40K before it falls to 19K.
Crypto fanboys would disagree and say they would be buying them
in dips! What are your views here?
#Post#: 57--------------------------------------------------
Re: Bitcoin crashed nearly 50% from its high to 30K today - Chin
ese govt's crackdown
By: QCbusinessportfolio Date: May 19, 2021, 11:54 am
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Peoples Bank of China seems to be banning Bitcoin once in every
bull year.
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