Few days back I was this close to buying BTC when it was around 10k, but halted for some reasons. Now I see the price is around 8.6k and I wonder why the sudden downwards trend! I see no major news out there (or maybe the statements of mr. buffet and gates?). What could be the reason and how dip the price can go?
I've always said, the volatility of crypto industry that's normal. The cryptocurrency market manipulating so many ways, then we're experiencing a bit-reaction of price movement. Everything becomes red all of a sudden.
Here what i read:
https://cointelegraph.com/news/s-koreas-largest-crypto-exchange-upbit-investigated-by-police-markets-react maybe the reason of falling.