Bitcoin briefly hit $12k last night before plummeting shortly after

And I am not sure if plummet is a strong enough word.

Bitcoin literally erased the last couple days of gains in minutes as the price dropped all the way down to $10,600.

And again, this happened in mere minutes:

(Source: https://twitter.com/MMcrypto/status/1289784025968603137/photo/1)

The price has since recovered slightly, currently trading around $11,200, but a long ways from those highs still.

It's funny how $11,200 felt pretty good a few days back and today it doesn't feel so good.

It's all about perspective I guess.

Posted Using LeoFinance