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At 12:59 (CST) 02/25/2023 - bitcoin died again. Going below $23K, Financial experts fear bitcoin will never recover.

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by COINS NEWS 126 Views

At 12:59 (CST) 02/25/2023 - bitcoin died again. Going below $23K, Financial experts fear bitcoin will never recover.

Just a few minutes ago Bitcoin fell below the $23,000.00 support level that it had been able to maintain for over 9 days dropping to $22,997.00.

https://preview.redd.it/j13lxokyvdka1.jpg?1280&format=pjpg&auto=webp&s=bb975ac7c4de251b0975d98ab6b3c8236aaefa88

Many financial experts have declared bitcoin dead, believing that it may never recover to previous highs again.

Charlie Munger:

I told you that this thing was going to zero and nobody believed me, well do you believe me now?

Satoshi Nakamoto the creator of bitcoin did not reply to our repeated attempts at contacting him for a statement.

Michel Saylor tweeted a melting bitcoin, symbolizing the dark times we are currently living in but remains optimistic that bitcoin will rise again.

https://preview.redd.it/zux2lqvjwdka1.png?596&format=png&auto=webp&s=dff68575595c28f04f59da818c534d15fbb285d9

Could this be the end for bitcoin?

Edit: during the writing of this article bitcoin has some how gone back above $23K

Edit 2: bitcoin is again below $23k, it's extremely volatile

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