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.
At least to me people waste too much time trying to find reasons for behaviors in the market that can be easily explained by just the supply and demand of bitcoin and its inherent volatility, there is not really much to explain, bitcoin went down simply because too many people sold their coins at the same time, and I think this has to do with traders using too much leverage to the point that a significant movement wiped them out forcing them to sell their coins at whatever price they could get, decreasing the price even more in the process.