I will like to know the reason why after bitcoin reached the maximum value this month it has been decreasing on a daily basis just at the time i wanted to invest the uptrend just changed suddenly. is there any hope of further increasing as some has speculated that it will reach $5000 by the end of this year?
There is always a correction after Bitcoin touches ATH. There is indeed a demand in the market for Bitcoin and hence there is a growth in the price as well. But the growth isn't natural always. There is some instances of pumping in price and thus a correction takes place to take the price back to a natural number. This time in September, price along with experiencing a correction got dropped deeper because of negatives news such as China's ICO ban and Jamie Dimon speech. But now market has recovered from that and is now bullish. Price is set to touch another ATH in October. So, have patience with your Bitcoin investment.