b.kletz market street wholesale jewelry wilmington What is the reason for Bitcoin's selling selling below $ 50,000?

madagascar jewelry wholesale I think it is mainly caused by panic, because the Bitcoin market will be severely affected by emotions.
The quotation of Bitcoin has nothing to do with the market valuation and management. The reason is also very simple, because Bitcoin is not bound by any institution. When Bitcoin has skyrocketed, it shows that everyone's confidence in Bitcoin is particularly sufficient. Conversely, when Bitcoin plummets, everyone will sell Bitcoin.
Bitcoin has fallen below $ 50,000.
Im I remember that when Bitcoin rose the highest, it had exceeded the historical mark of $ 65,000, but within 10 days, Bitcoin fell back to $ 50,000, and the decline had reached more than 25%. This fluctuations make it difficult for ordinary investors to accept, because the psychological expectations that ordinary investors can accept are about 5%, and 25%of the points are already a bear market.
The people are affected by panic.
At the beginning, Bitcoin was not so fierce, but when Bitcoin began to fall, many people started selling Bitcoin in their hands. At this time After 10 days. Within this time, we can see that Bitcoin has been in a plunge, which is one of the important reasons for Bitcoin. For those who take over at a high point, they have bought at the highest point of history, and now they can only stop loss through the way they sell.
Many people are forced to sell Bitcoin helplessly.
In this wave of selling markets, in fact, many people are unwilling to actively sell Bitcoin, but due to the pressure of funds, many people cannot bear such a big decline. For those small partners who are not very strong, they choose to stop losses is a wise choice, because the rise in Bitcoin may be very fierce, but it will also be unexpected when falling.
Finally, I do not recommend that ordinary investors invest in Bitcoin. This is a very dangerous behavior. Investment needs to be cautious.

rice jewelry supplies wholesale With the improvement of the economy, many large funds have been withdrawn from Bitcoin and invested to the real economy. And now some quotations have begun to control Bitcoin, so Bitcoin has fallen very much recently.