Why are people desperately trying to find an explanation for every minor price movement in #Bitcoin? Is it because in their markets any daily move bigger than 1% is big? 10% daily moves are perfectly normal for us. Deal with it and stop writing nonsense.https://twitter.com/TheStreet/status/936188751952465921 …
They are trying to feed the reflexivity dynamic. Since the price can go as low as it goes high in a given period they try to amplify the cycle with these completely baseless comments in an attempt to put it into a psychosocial death spiral