Edward Snowden does not speak often and in a message on Twitter, he mentioned the Bitcoin price and the panic linked to Coronavirus / Covid-19.
"This is the first time in a while I've felt like buying bitcoin. That drop was too much panic and too little reason. ”
For him, there is no reason justifying such a drop in the BTC price, but it does represent an opportunity to buy it at a discount.
Indeed, the Bitcoin price collapsed to 3782 dollars this morning on Binance in particular!
A BTC price which practically returned to its lows at the end of 2018 in the bear market.
Already gone up since around the 5500 dollars, it was therefore a great opportunity to buy Bitcoin at a discounted price due to the ambient panic linked to the coronavirus and the financial markets which have been going down since yesterday!
Some have certainly jumped at the opportunity if they were in front of their computer monitoring the Bitcoin price or with a crypto bot or Bitcoin robot which can place buy orders when you sleep!
An Edward Snowden who therefore wants to buy Bitcoin following the sharp drop in his price and who, in his own way, recommends it to others although it is not yet possible to know if this massacre of the Bitcoin price is finished .
Not to mention the prices of altcoins which have recorded huge declines following the price of Bitcoin in its fall.
A flash crash of the Link course at $ 0.0001 on Binance!
The opening of the American market will say a little more perhaps, everything is possible in the event of bad economic news which could cause further declines in the financial markets and the Bitcoin price in parallel.