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.
Nothing is to be worried about. This is just the aftershock of the recent correction. Some holders with weak hands panicked when they saw Bitcoin is not increasing anymore and they sold their coins to get out of the uncertain situation. As you can see now, Bitcoin is at the 16,000 level again. It could drop again or increase this time. No one knows but one thing is for certain, no matter what the current trend of the price of Bitcoin, it will increase eventually and surpasses its own records.