I wake up this morning and when I tried to refresh my wallet, I findout that bitcoin has lose over $700 from it high of yesterday!
fell more than $1000 and knowing the crypto market, this already was something expected. Whenever the price goes up a lot, it also drops a lot.
We should realize that, when prices rise very high in a few days, then stop rising, it is a signal that prices will soon fall. because of the correction or many people sell at that price. But I think the price falls only a few percent, Yeah $1000 it's quite a lot, but I don't think the price will go back to $5k anymore. So don't be afraid, the price will definitely go up again.
If you really analyse the price pump and dump you did not say that because the price fluctuation is possible on suddenly and it will going to dump at 500 USD so some big investor is sell the huge Bitcoin and it will not affect the future market so again it will going moon. This year surely Bitcoin raise again and we are all see the positive pump in recent market and future also continue in crypto market.