Bitcoin Just dropped $400 in 48 hours

in bitcoin •  7 years ago 

Looking at the Bitcoin vs Dollar market has dropped $400 in just 48 hours ... Looks like bears are in control
Screen Shot 2017-06-26 at 3.33.48 AM.png

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Good Analysis (Upvoted & Followed)

Ohhhlaaalaa @steemmanju

That's alot. I wonder what happen. This is mabye good time to invest. Rth down also
There is only 5 miljon coin left.
Humm thanks for update.

Please follow me at @mrstaf

Best regards

Ps i will ipvote your posts

add and upvote?:)

Decline in ETH looks worse!

yes its been falling looks no support down

True- but this certainly is not the first time!

Not the first time!

As usual it will increase again. Other cryptos are blodded as well.

If you reflect on the early days of the internet, this is a similar time where we have the confluence of speculators, scalability issues and the traditional banking finance sector wanting to make sense of the craze, then it all sounds reasonable. I look at the volatility as a turbulent take off where we all need to fasten our seat belts and take a long breath until we clear the turbulence.

Can we explain it with actual logic and mathematics probably but you may not like the cause and effect relationships you discover...