No one can predict the price of bitcoin because its very volatile.
It must be unpredictable since it is very volatile but there are some that actually predicted the price movement in the near future even if it is not that accurate, it is still amazing.
And those who have made "accurate" predictions have also made a lot of miss predictions.
That is a given since it is only a prediction.
But there would be time that the market will rally. Its just the nature of our market.
I do not know why a lot of people are panicking with this kind of movement. If you will be asking me it is the time where you plan another strategy for the future pumps that will happen. We are investing, trading and holding digital currencies which are actually volatile assets, so the price will be really unstable. Even before we laid our money in these assets I think everyone should know that it is really like this investing in these assets.