I found this recently that bitcoin is going down rapidly,
what would be the cause of this going down of BTC and how it would affect the crypto world.
I think its seasonal they said most of the month of January to February are usually the red market season and its quite normal a normal occurrence in the trading market specially in cryptocurrencies. Nevertheless I know this is not long term and would eventually increase again in no time.
It happened every start of the month then it backs when in the half of the month. That is my observation only. And we should not panic because it is normal. January to March the bitcoin is at low price. And it is increase sooner or later.