Its second major crash in 3 days going below $7000. What you guys think what cause bitcoin crash because i think uncertainty of market makes bitcoin crash. I think many of investors should holding there coins and hoping for the best because bitcoin is a fighter and somehow manage to came back at number 1. What you guys thinking about this?
Yes, it did crashed below $7000 in the last 3 days but it soon bounce back to $7300 as of the moment? Maybe the second crash was simply speculators taking profits and then buying back again that push the the price again. Of course we wanted people to just HODL, but this is a free market, everyone can do anything with their Bitcoin and as long as someone is making profits, you can't stop them by selling-off. And as per cmc, we are almost in the 10% increased in the last 24 hours. Good? not sure, we might see some short here, so just prepare for the worst.