Honestly, I didn't expect the price of bitcoin to fall this deep, is it still reasonable if it's just a price correction? because previously I thought bitcoin would not drop below $ 18k, But now it looks like it's going to go deeper.
Altcoins are also of course affected by the decline in bitcoin prices.
Not only u most the people who invested in the value above 18000$ will not expected this to happened. And this sudden incident is the cause of many people lose their money after investment.
If they didn't expect the correction to happen and that means if they are lack of knowledge about the crypto trade.
The previoud dump caused by the correction that has been made by the whale and it looks very good to see bitcoin can still stand above 17k position. if bitcoin can sustain in this level even longer and there are possibilities bitcoin could go even higher than before. The next pump will be started from the current rate.