I would like to understand the main reason behind the bitcoin dip/crash (whatever it may be). Currently BTC is trading at 12.5K on preev.com, and I am beginning to become scared as to what the near future may hold for bitcoin.
Is this a Bitcoin crash? Or is it a crypto crash too? Is it just the holiday season or something else? We can also see on coinmarketcap.com that in essence, almost ALL alt-coins are also down by a similar amount in %.
Hold or sell, what do you think?
PS: Please don't just spam this thread with:"Sell now, it will crash" or "Don't worry, it will go up". Base your points on facts that drive the discussion forward, not just general terms that have been already written down many times before.
Almost coins are down, last 24h coinmarketcap.com/coins, volume trading includes Eth, Xrp, BCH, Ltc, Iota and many more was negative down. I'm sure this nothing related with holiday or Christmas coming. But i'm sure this because of the declining bitcoin prices and blockchain network busy for 1 week, many people are worried will getting stuck in same pending transactions. Constraints on bitcoin affect much of this, people starting to lose trust and turn them coins into fiat.