“The Multiple Reports of BTC Having Crashed are Wrong” by Rishi – 1.14.23


Entry Submitted by Rishi at 6:33 AM ET on January 14, 2023

In several of the recent restored republic updates (among others), it’s been stated that the entire crypto market and specifically BTC recently crashed. While the crypto market did see a steep decline in 2022, this isn’t true at all. 

https://blockworks.co/news/bitcoin-price-hits-greediest-point-in-4-months-as-it-flirts-with-19k

Expert crypto investors call it “the greediest point in 4 months”. These aren’t the msm idiots, these are people who know and follow the crypto markets closely. Just the look at the price of BTC today, it’s over 20k and went up over 10% in the past 48 hours. Reports of BTC crashing are just hopium, and frankly I wish it were true, but I know otherwise because I have business interests related to crypto, and if a crash or even any kind of liquidity pull were to come, it would be devastating to a lot of small-mid size companies that primarily deal with crypto transactions, regardless of what the actual business is. 

Now given the way 2022 went, it’s certainly possible a crypto crash is on the horizon. If you’re curious about that, I’d recommend doing some independent research because what’s stated in the recent restored republic updates is just inaccurate (though I know Judy just compiles the intel, she’s not validating it or anything like that).

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