This article discusses a recent dip in the price of bitcoin following comments made by Jerome Powell, the Fed Chair, regarding a Strategic Bitcoin Reserve. The author emphasizes that Powell's comments are irrelevant since the Fed doesn't control Bitcoin policy and the Reserve would be housed at the Treasury. The author argues that dips like this are normal and healthy in a bull market. They suggest that the next year could be significant for the cryptocurrency space, with potential pro-Bitcoin and crypto regulations from the incoming Trump administration. The author advises against panicking and instead suggests taking advantage of the dip by buying and preparing for future opportunities.
- Content Editor ( bitcoinmagazine.com )
- 2024-12-19
Don't Fall for the Bitcoin Crash – It's Just a Breather