3 reasons Bitcoin dropped to $ 56.5K probably was in the area below By Cointelegraph

First rule of (BTC) trades should be “unexpected expectations.” In the last year alone, there have been five 20% or more daily events, as well as five intraday episodes 18%. Admittedly, the volatility of the last 3 months has been very low compared to recent peaks.

Whether they are multi-million dollar fund managers or traders, new traders in Bitcoin are often surprised by the 19% improvement over your top. The biggest surprise for many is that the recent correction of $ 13,360 from Nov. 10 $ 69,000 always happened for nine days.