Last week we saw incredible gains from BTC. From Christmas until the first weekend of the new year, the price had set a new ATH in almost every day. The mainstream media started to write articles about it, people talked about it on social media, and of course, many new members arrived in the community.
Seems many forget, BTC is still extremely volatile. There are gains, and people think it won’t stop. After the price almost hit the 35k USD on the weekend, the week started with a more thousand dollar pullback. The unreasonable optimism gets some cold water now, and the new users may be experienced the legendary volatility the first time.