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Bitcoin (BTC)
Will buyers find sellers if the price of bitcoin falls?
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[QUOTE="Shaf, post: 267331, member: 25467"] Even though it's tempting to ignore Peter Schiff's consistent criticism of Bitcoin, sometimes he raises an issue that is legit. One thing for sure is that the market won't run out of buyers, not indefinitely. In the short run, we have more sellers and that's why price action has been bearish for the past few months. However, a lot of crypto enthusiasts especially those who have been through a bear run are buying and accumulating Bitcoin in preparation for another bull run. After seeing a lot of them coming out from hibernation, I've decided it won't hurt to accumulate too. These people use the DCA method so even above $20k, they will surely buy. A lot of people are also short term traders, buying and selling at regular intervals to make profits. Even if things seem gloomy now, a bear run is always followed by another bull run and one coin that will surely survive the bear market is Bitcoin. [/QUOTE]
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Will buyers find sellers if the price of bitcoin falls?
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