There’s no single reason for why bitcoin is on a down trend. Multiple reasons including many new people buying bitcoin at premium prices with mere speculation has actually taken prices to all time highs. Proper traders who analyse and follow the fundamentals would have stopped buying as soon as it crossed 11K and might have just traded to grab some quick profits.
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Vamshi Vangapally
@vamshi
Co-founder and CPO, Fyn. Follow me for learning about building SaaS products, investing in startups, and though