Bitcoin price plunged from $3,860 to $3,460 within the past 24 hours due to the closure of China’s third largest bitcoin exchange BTCC.
I think we are facing elliot fourth bear wave towards 3000$. But I am not worried a bit, Bitcoin and many alts will arise again this is just the weak hands giving great opportunities to new investors to get on the cryptotrain. Our next price goal is 7500$ here we go!
Buy low & sell high
I like your optimism and I agree with it. But try not to use dramatic words like "plunged". $400 drop is hardly a plunge. Don't add to the fear :)