Many of those people who predict the price of bitcoin will come down again like he raced to show the technical predictions he made.
if it is true can you give an accurate reason not just speculation and not just a fake streak of technical predictions?
and why the decline in Bitcoin prices is quite prolonged?
No one can predict the price of bitcoin because its very volatile. And those who have made "accurate" predictions have also made a lot of miss predictions. NO amount of TA can see how it goes because we based everything of speculation as you have said.
The declined is due to a lot of reasons, like government bans, FUD and people staying away and doesn't want to invest into the market because of the reasons above.
But there would be time that the market will rally. Its just the nature of our market.