Bitcoin plummeted, the red was flooding the market.

[BCTalkaccountforsale]

The market has not fully recovered. Not only Bitcoin, Altcoin is almost tending to fall sharply. A red market that I have never seen before, which makes investors like me have to ponder and hesitate to invest in the next few months.

[xbossJ]

You can not deny the fact that red is part and parcel of the market! Even in major Bulls, there are always reds! If people don't sell, people won't have to buy and the cycle of marketing in the space wont be complete! I guess is time we live with the fact that its not always that the market must be green! $Bitcoin will rise and plummet so will altcoins! that's what makes the market interesting

[fianaindriati]

That drop goes in hand with a drop in the stock market, it seems investors are scared of a crisis and are selling assets. The only positive side of it is that bitcoin has the smallest drop among the top currencies at coinmarketcap.

the rise and fall of the market, I think this is natural, because it is the current situation like that. so we can't change it, with the rise and fall of this market price. so as a result many of our friends are nervous and panicked.

[BuzzXglossy]

We might get to the 5800$ level in few days from now. It's quite easy to see that the price is being extraordinairely manipulated and dumped.

[rosemary4u]

It is unfortunate that we are getting to the end of the year with this huge drop. Bitcoin has been having experiencing various forms of drops since the  beginning of the year. The drop in recent times is really alarming and it is the hope of most investors that the market recover in due time.

[gabmen]

That drop goes in hand with a drop in the stock market, it seems investors are scared of a crisis and are selling assets. The only positive side of it is that bitcoin has the smallest drop among the top currencies at coinmarketcap.

the rise and fall of the market, I think this is natural, because it is the current situation like that. so we can't change it, with the rise and fall of this market price. so as a result many of our friends are nervous and panicked.

Or perhaps they deemed that it's going to be more strategic to sell now and buy at a much cheaper price. The decline was steep and quick and for some who are looking at long term investments, what's happening right now could be considered as a blessing. I don't think there are as many panicky holders now as there were before.