Bitcoin Price Cools After Bullish Buildup
After a recent rise in price from 15k to 17k, all the signs pointed to Bitcoin making a run at an all time high beyond $20,000. Instead, the market has cooled off and Bitcoin has dropped below $15,000. Whether this will be a short lived pullback or lead to a further price correction remains to be seen.
For long term Bitcoin holders, market volatility is nothing new, however, for recent investors it can be a scary time that can prompt panic selling. If this is you, learn from those who have held through the down times, both long and short term. Their patience and belief in the future of Bitcoin technology has proved to be extremely profitable.
Stay strong. Bitcoin bounces back.
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I do not think that it is necessary to panic and sell bitcoins. Price fluctuations are normal for different periods of growth.
I agree @icoholder. Thanks for reading and commenting.