Quote from: Pasnik on February 02, 2018, 02:04:37 PM

Quote from: Kidsgarter on February 02, 2018, 01:30:09 PM

Quote from: jenny399 on February 02, 2018, 06:50:20 AM

I am little curious now how that bitcoin is falled this much?
it rides massively and didn't looked that it will fall like that, its making me think that will it be able to cross 20,000$ again?
Is it a good time to buy or should just leave it?

I think the price of Bitcoin has risen too much in the last 12 months. So there is some need for consolidation. After more usage of the bitcoin, the price will catch up again.

I am also asking why what's happening in the market now. Price has drops so much and I expected also to reach high, maybe the reason's why because a lot of fuds these days. Yes thats what I think also for the past months price has reach ath and this is the big correction though.

The stock market is falling as well. People believe the Federal Reserve is going to raise interest rates again, and that means money will switch out of risky assets into safe ones (like bonds).