While some of us are aware that BItcoin suddenly took a huge dip from a stable $6400 to a shocking $5400 dip late this week. A total opposite of what had transpired last year of fourth quarter where bitcoin skyrocketted its value to almost $18000. Many are left wondering what is happening to bitcoin or will it be the end for the coinn what do you think about the current situation?
There are several things due to which this happened. Due to the last year hike, btc got attention of many governments & this caused some troubles for btc. Another fact is that network congestion leads to delay in confirmations. Sooner or later, it will cross $18000 mark again.