Hi Experts,
I'm a newbie and i'm quite confused on why the value of bitcoin has dramatically decreased.
i mean yes i expect that someday the value of bitcoin will decrease, but for that to happen in a short period of time there should be a good reason.
can anyone please explain that to me so i can learn something from this event?
Thank you in advance.
I think that's a lot of bad news about bitcoin. Of course, only part of the news is correct, and the rest is false. The real news doesn't have such a big impact on the price of bitcoin. Now the price of bitcoin is being controlled by the bitcoin millionaire. In order to get the profits they had, they deliberately spread rumors, causing panic that led to the selling of bitcoin, and when the price of bitcoin fell, they bought it at a lower price.