Is Bitcoin Dead? Nah...

But it is getting hairy out there

It’s getting rough. Fear is high. Greed is low. And the price of Bitcoin keeps trending downward.

Just check out this major chart:

One day earlier, this number came in at 10.

So yes, the market is scared. Some (many) investors have panicked. Others have dropped the asset altogether. And there is plenty of money sitting on the sidelines, waiting to see what happens next.

By the way, most investments are off to lackluster starts during this new year. It’s not a great time for any sector.

But Bitcoin has been here before. And there’s a historical chart that shows what happened next:

So, is Bitcoin dead?

In my opinion—nope. Not even close. And if past is prologue, I’m excited about what happens next. Are you?

The Crypto Connection is for entertainment purposes only and is not meant to be financial advice. Please do your own research before investing in any asset class. Sara Celi is not a financial advisor, and holds several cryptocurrencies. To purchase her books on Amazon, please click here.