Bitcoin buyers outrank sellers despite brutal market crash

Australian cryptocurrency investors are lining up to invest in Bitcoin and other digital assets despite a brutal market crash, with the number of local buyers on some exchanges outranking sellers five to one.

“Clearly people are just not willing to sell at this price,” Bowler said. “They’re holding out for things to get better.” “Our analysis shows a high intention to buy over the next six months and we know there’s serious support for Bitcoin at levels well below its current price.” “Those who have previously held bearish views about where the price of Bitcoin is at, I think they’re the ones who are coming in now to get access to the market,” she says.

domp The 'crash' just means it's on sale right now

domp You know what Moon and 8F have in common? Both will pump into space, LOL 😤

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Bitcoin buyers outrank sellers despite brutal market crashAustralian cryptocurrency investors are lining up to invest in Bitcoin and other digital assets despite a brutal market crash, with the number of local buyers on some exchanges outranking sellers five to one | domp domp You know this is mostly bullshit. These unregulated bucket shops calling themselves an exchange can make up any numbers they want and no one would be none the wiser. domp domp They probably bet on horses and buy lottery tickets too. By the way '...cryptocurrency investors...' is a contradiction in terms.
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