Bitcoin goes up a lot from night to day and goes down a lot from night to day
Its part of the volatility of bitcoin price. But don't you worry, it can recover as well. That's the nature of bitcoin very unstable indeed. But currently the price is doing strong and going to $2200 now. If you are not used to it and be shaken by the sudden dip, then better think because we will see a lot of ride like this in the coming months and years.
It is very difficult to get used to such sharp changes in prices. I also panicked when the price quickly fell. Despite the fact that I was expecting an adjustment, I was unpleasant to look at how the price falls. Now the process of recovery has started and it is very good
Quite scary indeed. And I said something doesn't add up. So I checked online to see if there is any negative news that can impact the price. Unfortunately, I only found a few but I said this doesn't make sense. I try to stay cool and not push the sell button eventhough I'm seeing a red on every trading platform I visited. And now it looks like its recovering to above $2000 which is a good sign for us.