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?
that's the thing though! most of those predicting the price drop (who usually predict around $6k) are doing it because they have missed the boat. they have to base for what they are saying, it is just their wish for bitcoin to have another drop so they can not-make the same mistake they made last time.
and why the decline in Bitcoin prices is quite prolonged?
I wouldn't say it is prolonged. it is not months of downtime. it is only a couple of weeks. and considering bitcoin has been rising for most of 2017, a month of drop and staying down without any major rally is quite expected as a correction.