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4) The high price of Bitcoin discourages small investors . They would rather speculate of small price #cryptocurrency. 5) China is afraid of #crptocurrency . Why? Loss of power? 6) #etherium should do very well again once this downdraft in the space passes.
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So what have we learned from this sudden drop in #Bitcoin and some other #cryptocurrency ? 1) #Musk calls the shots. 2) #dogecoin peaked for now on that SNL move and everyone saw that coming. 3) #BITCOIN always makes big % drops and comes back. Expect this to be no different.