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Question 04 36500.00 31044.88 26.96 31071.84 36000.00 35500.00 35000.00 34500.00 34000.00 33500.00 33000.00 32500.00 32000.00 31500.00 31068.42 01:32 30500.00 30000.00 17 29500.00 9 7 10

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Question 04 36500.00 31044.88 26.96 31071.84 36000.00 35500.00 35000.00 34500.00 34000.00 33500.00 33000.00 32500.00 32000.00 31500.00 31068.42 01:32 30500.00 30000.00 17 29500.00 9 7 10 18:00 The above graph shows the trend of Bitcoins (to USD) in the past 5 transaction days. The value of each Bitcoin has dropped from 36,000 USD to 31,000 USD. Base on this diagram, a novice investor who has never studied the Bitcoin market before believes that it is more likely the value of Bitcoin will increase in the next 10 transaction days. His behavior can be explained by: A. Misconception of chance B. Insensitivity to predictability C. Loss aversion D. A, B and C. E. None of the option

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