CEO of the USA Investment bank, Lloyd Blankfein said "something that move 20 overnight do not feel like a currency. It is vehicles to perpetrate fraud" after this comment on Thursday bitcoin lose over 20% and I was panic to sell off my holding. But thank God the bitcoin has started recovering as we can see that it is currently above $9,700. I think this is another caculated attacked on bitcoin image in other to create FUD.
due to the massive use transactions with bitcoin, some whales still buy, because whales have upside prediction on bitcoin prices. My concern when bitcoin has a saturation of transactions in purchase item with btc . definitely bitcoin prices will also go down.