If we look at the chart bitcoin have started to rise up again. It fell into the dip at 6200$ and now it has climb up again to 7k$. Despite the news of closing of exchanges on Japan and India the community are having smiles on their face when they see bitcoin climbing up again. Possibly this is due to the good news being circulated around about the new development in bitcoin. All spirits are alive maybe this is the sign we are looking for.
Is this the sign we are looking for or this is just temporary?
It is normal for cryptocurrency to have downside because it gives different consumers in the market to have time on investing but the outcome is just most of the unexperienced traders are panicking and selling their coins at the lowest price that making their selves to lose more investment and this is one of the reason why the price in the market is dumping.