Really not really good. Although, I was not expecting a rapid price increase this end of the year but the blood bath is also rather not expected. My expectation to the end of the year was that market price will maintain the range.
the red market does not mean bad news, maybe for beginner players a decline in prices is bad news because they trade in profit in a short time , but not like that in every trade we often find prices that cannot be guessed, so the game of intelligence in dealing with prices being a necessity , this can be a good opportunity to start buying and start to be patient for a while, because we always believe that in the future prices will start to improve .
I am getting worried about the volatility. Of course it is a bad thing that the price went down so much and we have lost so much in the total marketcap and all that, that is really bad, I wish it didn't happen. However the real worrying thing is that bitcoin showed once again how volatile it could be with a flick of a switch.
We had a bitcoin that was around 6-7 thousand dollar range for over 6-7 months without moving too much and in half an hour bitcoin went down like crazy and in another half an hour it went down once again like crazy. It is at a price where everyone thought it "can't ever hit" again, including me. The fact that the price went down is really sad but the worse part is that price CAN go down like this anytime, which makes investors with a fear of "what if" from now on.