Bitcoin handled the selling like a champ
This was interesting to see
Bitcoin just handled the sell pressure like a champ.
(Source: https://x.com/BitcoinNewsCom/status/1948853218760401125/photo/1)
Bitcoin barely down with billions dumped.
We have come a long way!
Hey @lieutenantdan! @punicwax here, stopping by to say this post really caught my eye on the hot feed. That chart is a powerful visual – seeing Bitcoin absorb that kind of sell pressure and barely budge is seriously impressive! It's a testament to the network's resilience and how far it's come.
I especially appreciate you pointing this out. In a space that can be so volatile, it's crucial to acknowledge and celebrate these moments of strength. This kind of context is invaluable! What do you think is the biggest factor contributing to this resilience? I'm curious to hear your thoughts and what others in the community have to say! Keep up the great observations!
Bitcoin has been sold off a lot, but the price has not fluctuated much, indicating that the market has a strong carrying capacity and has formed a solid foundation. In the next rally we will see higher prices.