Was that merely just a correction in the first place? I was, and I still am very much amazed at how everything can be so high then one moment it will all go down so deep to the point of you seeing yourself drown. I do not ever want that to happen again hence I am putting off some of my Bitcoin investments to hold rather than trading them. I literally almost lost all my Bitcoins because of what happened. I did not see such a huge fall to take place in just a matter of days. Hoping for better days ahead by the end of 2017 and even more.
Well that is how trading could be a very risky venture, imagine within a span of few days when the price of bitcoin fells (corrections) sending fears to investors and holders meanwhile a lot people also dump it, maybe exchanged to fiat for Christmas celebrations. However presently the price of bitcoin has started gaining momentum to raise and presently at $16K+.Whether there can some sort of any planned manipulation, one thing is sure is that Bitcoin has been acting this way for many times before. In fact, Bitcoin had been called dead for many times and yet Bitcoin managed to get back to its feet and then surge again. This is just like saying that Bitcoin is having three steps forward and two steps backward. This is not surprising and this can be good because those who lack the strong faith in Bitcoin can be gradually weeded out. Bitcoin is definitely not for everybody.
