How Bitcoin (BTC) Drops to its Lowest Price?

[Marcusbrown]

When Bitcoin (BTC) bulls think that the storm was over, they realize how wrong they were.

[cryptoc]

Wednesday BTC’s lowest price settled at $5,669 USD. Essentially, this represents the lowest figure reported since November 11th, 2017. It’s also noteworthy that Wednesday’s session kicked off at $6,297.96 USD.

[sola]

He emphasized that negative sentiment has been overshadowing the space, but that this situation has been counterbalanced by "positive news regarding the involvement of financial institutions."

[I-Bit]

It may be the lowest price, and I hope it is true. So, after yesterday decline, I believe the bitcoin price will increase again gradually. It is normal, the market condition is very unstable. We need to be wiser in managing our bitcoin to avoid big losses.

[Asebaby]

Bitcoin drops because of so many FUD and investors are selling out of panic thinking it is the end of Bitcoin or as so may say its the end of Bitcoin.

[Zed0X]

Bitcoin just reminding everyone of its unpredictability. Nobody can really guess when it will move and where it will go.

[sola]

He added that this "volatility has been trending downward since the middle of September, with the average volatility reading today (0.404) being the lowest its been all year."