It's sad and annoying to see that this big drop wasn't enough for some people. They try to push us further down.
If it's up to these idiots they'd take us down to 10 dollars. They don't care if they destroy the whole Bitcoin economy in the process.
There is no reason to sell anymore at the moment. Those who wanted to sell did so already. The pressure is gone.
This is pure manipulation and idiot sheep following, afraid of another crash.
unfortunately it is not that easy. There is always a reason to sell and reason to buy
It just depends on the technical state of the market.
You can't make fundamentals responsible for the price move short term.
Big technical support has been broken at 540-550 and it will be hard to climb back above short term.
Most probably we'll see lower prices before bottoming first.