When I'm writing this btc is at 3624.41usd. It has been going down a bit today anyone have any ideas what this is about?
It is true that Bitcoin is going down this fast few days but it doesn't mean that it will continue dropping, It already reached the $5,000 mark and immediately the fall down started after Jamie Dimon announce some FUD's about it and China banning exchanges to their country, so many people I think panics and sell their holdings and Bitcoin almost valued again below $3,000.
I think its stabilizes now between $3,600 to $3,800 and what is happening right now is some small corrections in price, let's just wait for Segwit2x Hard Fork to happen because I am sure that there is an another big volatility will happen again in the market of cryptocurrencies.
But you need to add to the fact that the Chinese local exchanges at the end of the month. So this could have been influencing the price to go down today up leading up to actual closure date. And Dimon attacking bitcoin once more. So its gonna be corrections again or a crash. But the most important for us is not to panic from such situation because bitcoin is so resilient and after everything has settled down, the path will be clear leading to a strong price at $5000 again.