Within 2 months Bitcoin is going up very fast, but in this month bitcoin price has been stopped and now Bitcoin's price is going down...IN this time, bitcoin is $446 and before week Bitcoin was $471.
WHY?
You know after one and half month ago HALVING is coming.
But i think that it is not suitable price of BITCOIN.
What do you think about it.
You have to understand something here.
Bitcoin is in the market so its price depends on supply and demand, like in every other market in the world.
So, if more people buying, price is going up.
If more people selling, price is going down.
There is no mystery here but also no reason for panic.
It's normal situation and it's happening all the time.
Now, price is going down, in a several weeks will go again up and so on.
I suggest you not to look BTC price to often, and worry to much about it, but to concentrate on collecting as much Bitcoin as you can get
In my view, if you use supply and demand formula,you can see mostly people are save their bitcoins in this time, so it is not right time the price is going down, instead of this price should be going up. something is wrong in the situation, because on the other hand, people are buying and saving their bitcoins, and wait for halving.
But the price is down. but i think it doesn't matter.