Was very busy with my work today, then suddenly i decided to check the price of btc if its starting to rise again. But then, i was shocked when i saw its price which is almost 6,000 usd. What will happen to bitcoin's price tomorrow or the next weeks to come? Will it continue to drop or will increase a little? Why is this happening? Thats a very huge drop.
The price has recovered since this thread was created, so the drop stopped, this happened for the simple fact many people invested in bitcoin without any real knowledge about the technology and only wanted to get some money out of their investment and since they violated a basic rule on investing which is to never invest in something you do not understand, they lost money.