what is behind the dump which is in progress last couple days ?
I know its volatility , but comparing to last couple months its quite bigger
Cheers
Bitcoin losses around 26% last month, and reported that it was the worst since March 2020, wiping out around $150 billion. And this month we saw 23% dip as well, so the same thing happen again, repeating it's pattern. So I would say based on the cycle, it's quite normal to see it. But the thing is that bitcoin recovers very quick as well. So changes are, we are going to see another all time high next month to the tune of $60k-$70k tops.
