The market shows more volatility for the last 3 days , it is growing a little then dumping at the same time after
https://coinmarketcap.com/currencies/bitcoin/ now we can see that it is unpredictable and only the strong hands can achieve the profit of Holding.
to those weak hands try to close your eyes for a while so you will not be triggered to sell out because you'll miss the great pump before the year ends.
but given that the market will continue fall yet this is a great advantage for the long term holder to purchase more and try to add their bags with much more bitcoin for the next 5 years.
I agree, it was at 47k 3 days ago, reached almost 51k 2 days ago, reached 45k yesterday and now it is back to 47k again. I do not know why there is a big volatility like this, I am hoping that it will not be like that for a long time, hopefully we could end up with something a lot less volatile intra-day if you ask me but if it will end up with the same result like this one then I am fine with it.
Traders do not care about whats going on in the grand scheme of things, they care about the day trading and how much they could make with it. This is why I do not doubt that there will be some sort of changes in the crypto, surely it will have some consequences but in the end we can't just let it stay stable neither, so we need to either make it less volatile, or it is going to have a bad income with these high movements. Lets hope for the best and focus on long term if anything bad happens in daily.