bitcoin drop 22.12.17

in #bitcon7 years ago

hi,

after an incredible rally in the first part of December, which saw Bitcoin's price nearly double from $10,240 to $19,994, the popular cryptocurrency is losing value, fast.

The price dropped by a quarter in the last 24 hours alone, and Bitcoin is currently trading at $12,874, according to CoinMarketCap.

UPDATE: Dec. 22, 2017, 3:23 p.m. CET Bitcoin price continued its free fall throughout the morning, with the price momentarily going to around $11,000 on some exchanges. The second largest cryptocurrency by market cap, Ethereum, plunged below $550 at one point.

As it usually happens in the world of cryptocurrencies, most other coins are following suit: Ethereum is down 27.4 percent, Bitcoin Cash is down 36.3 percent, Ripple is down 6.2 percent and Litecoin is down 29 percent in the last 24 hours.

So guys tell me what have you done ?

Did you sold your bitcoins, should we sell our bitcoins ?

Will it go back to its high level ?