So many have been told to buy the dip so many times on the way down... 60k, 50k, 40k, 30k, 25k, now 22.5k... that I suspect many have little to no money left to make any serious purchase. No more bailout checks from Biden at this point to throw at crypto! The "buy the dip" mantra is not possible for most people. I suspect the average owner of crypto.....any crypto..... currently sits underwater. And let's see what happens when the economy goes into recession and some holders need to sell to actually eat!
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