Bitcoin sudden drop
After bitcoin gains a good amount in market value reaching 12K, then it occurs a sudden drop which I felt mixed emotions out of it. The sudden market price change really affects the other cryptocurrencies which are kinda bad effects to those who are holders of cryptocurrencies.
The traders might have imagined that they are gaining some profit that is why they are selling their bitcoins but with the expense of small traders losing. I guess we just need to be very careful when bitcoin changes like this as it is kinda unusual and might cause a loss of funds if you are not very careful about what you do.
https://i.guim.co.uk/img/media/ef3f4587d4c4827daccfc3c0f469d2cae6fe29cf/71_132_2942_1765/master/2942.jpg?width=1200&height=1200&quality=85&auto=format&fit=crop&s=33efe299dcd2f1e3aa1b05d38e8de130
I am still thinking now that Bitcoin price might be back on steady at 11K before it will make its move again. Anyway, Bitcoin is one of the top Bitcoin market value right now so I see potential that it can take another big run. But the risk is still there as whales might be playing Bitcoin for a while.
Posted Using LeoFinance
