Its low drops have blown out of position ratio. According to Sonny Singh, chief commercial officer of Bitpay, whenever the prices of bikinis increase, now it has fallen below $ 10,000. Similarly, within 24 hours of Mercury, the ripple was dropped by 28%.
This bitcoin went as high as $ 17,000 in the first week of this year. They talk about recent changes in the price of cryptocurrencies, this lion has said in an interview with Bloomberg yesterday. This market has to give more feedback and now they are seeing an overreaction of the down side. Every time you know that there is good news or this is bad news.
Source - https://www.ccn.com/bitcoin-will-back-market-sell-off-overreaction-bitpay-executive/