Things were getting better as we were expecting a pump in the value of bitcoin but it was dropped by over 10%. Is it just the usual December pulback or it is here to stay I mean a long bearish run? How are you preparing for a possible bull trap and now even if it was temoprary it might take some for the market due to fud.
I am not sure what is the general perception regarding a major correction at this point but the basic reason is that the institutional investors are booking their profit and it is not a big surprise as they are here in the market to make their profit and when you hear that they were investing billions in the market, you should expect them to book their profit as well and that is what we are seeing and it is not because of any FUD that we saw a correction now.