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Hello guys,

Does anybody know why BTC is falling like a rock within last hours?

If there any specific reason or just a normal correction?

Thanks and cheers.

Nearly 1000$ variation in bitcoin price compared to few days back price.In a week the price correction will occur and the price of bitcoin reach 10,000$.To avoid loss in such interval,you have to hold the bitcoin.Only if you need money for emergencies,sell the bitcoin.Or else just hold it .

Indeed, Holding on to bitcoin at the moment is the best thing anyone can do at the moment and i am sure bitcoin will regain it's value like it did in the past, but panic selling bitcoin during the correction makes more damage to the fragile market.

Bitcoin must hit at last 15k usd in this-next month. I mean in May-June. Just some bad people want to dump with negative news spreading fuds (like Bill gates), but they cant. Most of people believe in BTC big future and investing.

And it will probably recover anyways. I'm just a bit wary of the mtgox selloff since it may cause a panic slide that can drag btc quite lower but since i'm just observing any current happenings, i'm not too worried. And btc eventually will still recover

Its not that easy to hold bitcoin particular on those investors who has no other sources of income especially those retired from their job and the only source of income was cryptocurrency. I am always confident like you that bitcoin will be gaining the price value again to the profitable digits, but for now we should wait and keep calm while the volatile market still happening due to corrections which was due to panic sellers whom always made price much worst to spike up. Just hope and be confident that we will still survive until bitcoin will recover its momentum again.