, the largest cryptocurrency, has dropped nearly 36% this year and is currently trading at its lowest level since 2020, at $29,000. As a result, Bitcoin has lost all of its gains through 2021, which has been designated as the best year for bitcoin.
According to experts, the supply of US dollars has nearly doubled in the last two years. Such inflation has not been seen in a long time, and money printing is going to accelerate inflation. Marked by heavy dumping recorded from the institutions and short-term holders, they have used this market collapse as an opportunity to make profit. In the bear market that no one can time a Bitcoin bottom, it’s a good chance for short-term holders to gain profits by shorting the token. The right time to pick up the most shells is precisely when the tide is out - with extraordinary courage and a tool to maximize the returns.
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