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Now, there has been another drop in Bitcoin and also in almost all other altcoins. I was even surprised when I saw Bitcoin which was at $93K fell to $90K today and I don't know what sentiment is there towards the market that can cause a price correction in Bitcoin and also others to happen so suddenly like now. I am also waiting for Donald Trump's inauguration because I also want to see how the market conditions move after that event is over. But today alone we all have witnessed something unpleasant in the Bitcoin price.
Some people sold their bitcoins and that caused high pressure on sales which resulted in a decline. I think this is not a surprise because basically the price of bitcoin tends to fluctuate for various reasons. FUD will spread quickly because that's how some whales get more coins on the cheap, but tighten your belts and collect as many as you can instead of lamenting the drop.
For the one hour TF, prices tend to improve and the market appears to be recovering. But for daily and weekly TF prices still fell by 3.1% and 9.4%. Don't be afraid or regret it, but do the accumulation if you can, of course because I think this is an opportunity that should not be missed. It's hard to say the price will drop below $90k ahead of Trump's inauguration, but that has been the case for a while now although now the market is starting to bounce back.