Bitcoin’s tumble below $50k was due to overreaction from short-term holders

Bitcoin’s drop below the $50k mark was the result of short-term holders losing their cool and panicking. These folks, who are newer to the game, couldn’t handle the heat and started dumping their coins at the first sign of trouble.  The irony? Bitcoin’s dominance in the market is stronger than ever, but the actions of […] source: https://www.cryptopolitan.com/bitcoins-50k-overreaction-short-term-holders/