Mindful Money

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Mindful Money
Bitcoin's price is dropping, but I don't think you need to panic

Bitcoin's price is dropping, but I don't think you need to panic

There's a reason for the drop

Rajat Soni, CFA's avatar
Rajat Soni, CFA
Jan 19, 2024
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Mindful Money
Mindful Money
Bitcoin's price is dropping, but I don't think you need to panic
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You may have noticed that the price of Bitcoin dropped from its recent high at around $49,000 down to almost $40,000. You may be worried that this is it - the Ponzi scheme is finally coming to an end, right after you got in.

Let me share my opinion on why I don’t think Bitcoin is going anywhere, and why this is a temporary dip on the way to new all time …

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