This unexpected. now for the first time during the week bitcoin prices decline. bitcoin price decline is reasonably high and make some traders panic sell. This is something that was not expected.
As quoted sure this makes a panic among the traders but the person having trust on bitcoin won't give up. Ongoing price movement is the true nature of bitcoin. Soon this increase will continue on the rising side.
Not really a big decline, from $622 last September 11 down to $614.06 on September 12 that's an 8 dollar difference but if you check back a few days prior to that September 3 its $576 then climb to $593 on September 4 that's an $16 difference. It's still within normal movement if you ask me. Nothing to panic yet.
True, theres nothing to worry about since bitcoins price is in normal price range yet unlike on those price drops near $540+ as i remembered but as we see that no matter bitcoin lowers its price it actually rises or bounce up again. Maybe there are people who sold their bitcoin when the price reaches $620 and i think those sellers was those who bought on $540- 570 i guess since they could gained profit with that.