Bitcoin has decreased significantly within last days. In some of the local group I am active, some people are trying to sell their Bitcoin, some are looking for what's happening and it seems to be little panic here.
If the price continue to decrease, I think it will create more panic which will bring capitulation, will not it?
Bitcoin is doing fine, considering WTI oil just dumped 30%
How often do you see that?
And the DOW is looking like i'ts going to have another -5% drop today...
And thats a major index comprised of Trillions of dollars worth of stock.
Bitcoin is down about 14% , and has a market cap of a couple hundred billion.