Lotsa peeps locking down those insane profits.
Yeah...but as strange as it sounds I'm happy about the dive in value... and I'm down 6 figures since December
The fear of missing out drove the price to 20k and the newbs just got wrecked. It's a shame but Bitcoin isn't about making dollars - let the greedy newbs pay the price.
The long term holders and believers in the tech are the ones still smiling. When Bitcoin fixes it's scaling issue and can be used by millions without delay, only then will it deserve an insane price like 20k+...and it will get there again...but it's gonna take a lil while longer.
Some massive improvements to the tech are just around the corner, like Lightning network this year means instant feeless anonymous transactions.
Governments are scared...the whole world knows about Bitcoin now...