Quote:
Originally Posted by hdbuilder
Its been going up and down for month, why is everybody freaking when it goes down, it will go up again...
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The value is a bit like one of those super bouncing balls at the moment. Falls then rapidly bounces up again, but after a few bounces the momentum wanes, and the peak of each bounce peak is lower.
Historically all pre-2017 "crashes" resulted in a full recovery, but it looks like this time may be different. The price seems to be settling somewhat, but at less than half of what it peaked at earlier this year.