It seems like every time Bitcoin crashes down from a new height, some people predict that the “bitcoin bubble” is over, while simultaneously there

Why I’m hoping Bitcoin goes to zero (even though I’m bullish on cryptocurrency)

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2021-07-23 16:30:06

It seems like every time Bitcoin crashes down from a new height, some people predict that the “bitcoin bubble” is over, while simultaneously there is a chorus of people saying HODL (crypto geek speak for “hold”). These veterans show a familiar chart of Bitcoin’s price history; each crash looks catastrophic as it happens, but when you look at the long-term trend, that large drop is nearly drowned out by further upward movement.

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