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Why the Recent Bitcoin Crash Won't Stop It from Hitting $100,000

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For most, it’s hard to believe Bitcoin dropped $10,000 in 24 hours from Sunday into Monday.

But that’s how this works.

Bitcoin’s volatility is a feature, not a bug.

It’s designed to transfer money from weak hands to strong ones.

The $10,000 drop makes for great headlines, but there is absolutely nothing abnormal about this 24% Bitcoin crash.

The reality is, this is a mild correction by Bitcoin standards and actually sets the world’s first global decentralized cryptocurrency up for a more sustainable rise.

Here’s why…

Tags: cryptocurrencies

The post Why the Recent Bitcoin Crash Won’t Stop It from Hitting $100,000 appeared first on Money Morning – We Make Investing Profitable.



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