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?
Look at the current bitcoin prices, the improvements that occur prove that bitcoin is very strong and can survive from a variety of difficult conditions. such as the situation some time ago that resulted in bitcoin prices got a very high correction. china's decision to make a lot of people experience a tremendous panic and they sell the bitcoin they have simultaneously. but now the prices are back to normal and this has proved that bitcoin can move up to 5000 $ in some future time. we just have to wait until everything becomes stable and bitcoin can be one of the most popular financial commodities.
Sometimes, I doubt is really we are safe when we still holding our Bitcoin after dip price?
Although the price of Bitcoin recovered very fast after dip price, but nobody can sure it is not a trap.