personal opinion. Why is BTC price going down? Is the court settlement with Mt Gox trust to return Bitcoins to investors causing the current prices to go down?
I'm not allowed to give trading advice, but the market is unpredictable any can change in a few seconds
Thanks. I was not asking about advise on trading, but just wanted to understand the sudden change in the market dynamics. There is no major bad news, except the potential flooding of exchanges with BTC. However, in this game of demand and supply, a few billion is nothing. Even Binance has 2.23B USD volume in BTC/USDT. Why are people getting scared, and selling? Seems counterintuitive.
Welp maybe holiday season is coming up, so people buy presents 🎁 or have to pay some bills. Can be anything also the economy is different
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