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 $5000 by the end of this year?
Trained speculators are just nothing more than educated guessers. This bearish trend occurred in the market value of bitcoin since China is the biggest global player in the bitcoin market, and when exchanges and ICOs were banned there, naturally, the value took a huge dip as that would mean a lot less people would be using bitcoin now. However, since then it has recovered and slowly crawling back, I think by the end of this year it should hit around 4700$-$4800.