Reminds me of the giant stock selloff during the fall of 2008...Do you think that most of the selloff is done by small/inexperienced investors or from whales?
How long can it go>
I've been wondering this too.. Is this sell off panic from the all the new people who have gotten into the market after recently reading about Bitcoin, or is there something more? A correction was bound to happen, but who knows how big or small it will be.
I guess some whale has decided to cash out some FIAT and panic sellers are now gifting them with better rebuying opportunities.