Greed and fear. Now rules fear. Most of the people, who got in the train at around 15-19 k. just for the reason BTC was going up without understanding why it was going up, are stepping out now. When you don't understand why you bought something, it's hard to hold on to it :) But there's loads of people, who understand why they own BTC, and they will start buying it again at 6-7 k.
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