Bitcoin Price Drops by 3% and Everybody Panics for no Reason

in #btc7 years ago

Current State of Bitcoin: $BTC does not cross new ATH for a day

Reaction: "It has topped out" / "Bubble burst" / "Bear Market" / "Downturn"

Reality: None of the above

Guys hold BTC..

https://themerkle.com/bitcoin-price-drops-by-3-and-everybody-panics-for-no-reason/

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3%? Really? People are panicking for 3%. That 3% is probably due to some people deciding that Bitcoin fees are too high, so they want to put some of those BTC into another crypto because maybe they didn't have any Litecoin and it's doing so well, so they want to invest in that.

Wow, sorry for the run-on sentence there haha

People who have several different cryptos, aren't moving their BTCs. Anyway, it went down 5% the other days and up again more than that, ro something like that.

People need to chill.

yeah exactly..

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