<center><img class="aligncenter wp-image-346 size-full" src="http://t4ch.top/wp-content/uploads/2018/11/bitcoin-3089728_960_720.jpg" alt="" width="960" height="540" /></center><br/> <p><center><em>Source: Pixabay</em></center></p> <blockquote>"<em><strong>'Tis the season...</strong></em>" </blockquote> Well, I guess there goes our stability we had for a while. Hitting the lowest it has since the beginning of the year, Bitcoin has dropped below 5k and is currently sitting at $4,818 as I type. <strong>What does this mean?</strong> To be honest, I really don't know. However, given the sudden nature of this and the lack of an apparent force or event manipulating the market, I would say this is 'probably' just market fluctuation. Now, it is possible that there is some unseen force or event that caused this that may be made known at a later date, but I have some doubts about that. And as I always say with sudden changes, regardless of the cause, they are (almost) always going to correct partially. However, if this is just a market fluctuation then we are likely to see a a quick correction almost exactly the same as the sudden drop. Still though, there is this nagging feeling of mine that since there is a sudden drop in value after such a long period of stability that there is something more to this (even if it's not an outside force or event, but just a glimpse into a set of bear runs coming). <strong>Conclusion:</strong> Hope you can make sense of my rough speculation here. Logic is telling me that this is a temporary market fluctuation, but my gut is torn between this being a fluctuation and this insight into rough waters ahead. <em>As always though: trade responsibly, don’t invest more then you can lose, and don’t hold me responsible since I’m wrong sometimes too.</em> <center><em>If you want more content by me you can always follow my by: <a href="https://top.us18.list-manage.com/subscribe/post?u=0c2be2675e47e4e362350d50a&id=4d9a0e2059">email</a>, on <a href="https://t4ch.top/">my blog</a>, or on <a href="http://steemit.com/@nathan047">steemit</a>.</em></center></p> <br /><center><hr/><em>Posted from my blog with <a href='https://wordpress.org/plugins/steempress/'>SteemPress</a> : http://t4ch.top/and-bitcoin-is-volatile-again-plus-my-speculation/ </em><hr/></center>
author | nathan047 | ||||||
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<p>This post has received a 3.13 % upvote from @drotto thanks to: @nathan047.</p>
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