Bitcoin price holds $23.5K, leading bulls to say ‘it’s different this time’
Cointelegraph
Published Jul 19, 2022 07:23PM ET
Updated Jul 19, 2022 10:20PM ET
Similar to Stockholm syndrome where captives develop a psychological bond with their captors, crypto winters have a way of flipping even the most bullish cryptocurrency supporters bearish in a short period of time.
Evidence of this reality was on full display on July 19 after the recovery of Bitcoin (BTC) back above $23,000 was met with widespread warnings that the move was merely a fakeout before the market heads for new lows
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Written By: Cointelegraph
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