Hello dear Bitcoiners
I'm seeing the chart in red lines, that the bitcoin price is going down; Why that's happening?
I also think like you, really the price of BTC is not reduced, it is just unstable and it is fluctuating a few tens of dollars. That is the nature of Bitcoin. In addition, Bitcoin prices have fallen as investors sold the BTC and invested in a new kind of virtual currency for high profits.
And the price of bitcoin is reduced for the reason that many people are panicking in connection with the news of August 1. Now there is uncertainty in society and no one knows how bitcoin will develop further. I hope that after August 1 we will hear good news and the price will go up