Reported 2 days ago
Bitcoin has dropped below the $90,000 mark, but traders like David Gokhshtein view this as a buying opportunity rather than a cause for concern. He believes that some market pain is necessary to eliminate uncertain investors and pave the way for passionate supporters of Bitcoin. Despite the current downturn, Gokhshtein and others suggest that institutional investors may be poised to enter the market soon, potentially leading to a tighter supply and a possible rally, especially if government stimulus checks are distributed.
Source: YAHOO