Bitcoin suckers all together: "We have already bought a lot at higher prices. We are only losing each time you sell cheaper. What should we do?"
Bitcoin supplier: "Hodl and buy more"
This is very hilarious. But do you think that is the real reason for the drop in the price of Bitcoin? The crypto space is a decentralized environment where the market value of a particular is determined by the rate at which the coin is bought at a specific price within a particular duration in time. It is believed that people with the large quantity of a particular coin determines the market value for a specific time interval. The more you have, the more you can control the price of the coin at a point in time.