Things looked somewhat promising yesterday as it was holding steady in the mid-high 16k range, even breaching 17k. Now it's in the low 15k. What's going on? Are we still hodling? Newbie asking for a friend here.
I think its because a lot of them are cashing in especially the ones who think that this kight be as high as it can go. However this causes a ripple effdct and panic selling might again erupt causing further decline until it holds steady again waiting for the prices to come back up