Bitcoin is very volatile. It goes up and down at no time. But I started to think what causes its values to go down. These past few days, its prices are notably lower that last year's values. Last year, I believe, during the first few months, its prices are likewise low. Do bitcoin prices go down every January to February? Does it have a logical association?
As you said bitcoin is unsteady we cannot easily expect if its price is going up or down, but we kinda know the factors why its value dcreased the last few months, mostly it's because of the fees, a lot of people stopped the exchange between them because it is obviously illogical to pay 40 dollars fee for a 5 dollars transaction, however the governments have been lately trying to regulate and ban bitcoin due to its high price because a lot of people making in it an income of millions of dollars without even paying taxes.