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RE: Bitcoin (BTC) Morning Update: A Third Alternate Count

in #bitcoin7 years ago

Haejin , could yo help me understand why so many billions leave the market so quickly, last week it was supposedly the fear of Korea shutting down exchanges. Could whales be @ play manipulating the market? Many thanks for all you share :)

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It has a lot to do with the masses who have just got into the area not understanding the ebb and flow of the markets. They came in at 18k and now see it hovering around 13k. Panic and just want to keep selling to minimize their losses. Time will pass, we shall make money, they will be sick with anger, and life will resume as normal.

ABC correction $8,000 - $6,000