We fall down from $500 just a while ago and when I last checked we are like in $385 .
I have a question here, I am not really good at bitcoin so I just want some explanations or something like that.
Will the price continue to fall or will it bounce again?
Is $500 the new ATH now?
What is causing this?
Does this mean the end of the bull?
Don't wait explanation. All the story of bitcoin has one name: volatility. At exception of the last 10 months when its price was almost stable all the story of bitcoin is up and down. The reason: Immature currency, no Central Authority to help it to be stable, short life in the market and very few spread in the overall population are some of the most important. In other words: bitcoin is yet a "innocent child currency".