True! It's interesting that no big news has caused this. Shows that bitcoin is still very volatile. Imagine if something huge would happen :S
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True! It's interesting that no big news has caused this. Shows that bitcoin is still very volatile. Imagine if something huge would happen :S
To add, on the fundamentals BTC looks stronger then ever, and a correction was long overdue. But i am not sure we can't count out a bigger event that is happening right now that we are simply not aware off, time will tell. But as i said in my post early on, i am still not seeing the panic and capitulation. Maybe the extra 1-2k$ down to the 8500-7500 area will cause that and we will be able to safely rebound.