absolutely right! not bothered at all. The chart is BS, the news is not there, and I think people are panicking. I am just waiting for the big money to hit. working in finance i know what this means for banks - trading revenue at a time when revenues are falling. new custody business, new derivatives business. Nomura has built a custody solution. Circle is starting a trading venue. SEC thinks bitcoin isn't a security. Why are people selling? God knows and god help them.
Well remember, plenty have no idea what bitcoin actually is. So this is a normal reaction for them.
fair point. many got into this market only to get rich, buying as much as they could, some even on credit. they wanted to get on top of a rocket that was going up, had to get burnt.
Well we all have a monetary motive, but if its your only motive good luck.