Bitcoin making major corrections
So 2 days ago the world of crypto was soaring bitcoin was about to break $20,000, SBD was holding around $13, Steem had jumped up over $4.
It's a very different story today, bitcoin is currently trading at 12,500 a drop of $7k!
SBD is holding for now around $7
Steem is at $2.40 and dropping.
I hope everyone took advantage of the prices while they lasted and made some smart trades!.
For now it's time to hodl your bitcoin and wait for the next pump which I do believe BTC will hit $25k and higher.
I know you are right about the future price increase in Bitcoin. HODL for sure right now, and buy even more. Great present for the holidays.
Bitcoin had lost nearly 25% of its value over the last 24 hours. And the price of most major "altcoins" fell even further, with losses ranging from 19 to 35%.
We remember that Bitcoin could not hold long the threshold of $ 20,000 - a threshold it could have exceeded last Sunday, the space of a few hours.
Futures contracts offered by the Chicago Mercantile Exchange, which allow institutional investors to speculate on Bitcoin, also recorded a sharp decline. They traded between $ 13,520 and $ 13,570, while their courses had exceeded $ 20,000 when they arrived on the night of Sunday to Monday.
Its only a correction, this has happened time and time again with bitcoin, by the end of january well be seeing $25k bitcoin.
Thank's for sharing