There are two key factors affecting Bitcoin, which have triggered a recent sellout. Bitcoin has never been relieved of its involvement in money laundering and terrorist financing, and that connection was once again referred to by IMF president Christine Lagarde as she urged home. Managers around the world attacked bitcoin for this reason. At present, Bitcoin is just going down, not completely broken down. The second offender behind the bitcon depreciation is causing more anxiety for investors. Google has followed Facebook in prohibiting pre-encoded ads and ICOs. Makes pre-coding lose value.
What is your opinion?
Up to which I came to the point is that in the previous year when the price of bitcoin started to increase than a large number of unskilled and inexperienced investors also invested in bitcoin and they do not know that fluctuations occurs in bitcoin and all crypto currencies all the time but the price then come to its recent high value and because of that when they saw the price decreasing then immediately started to withdraw their money no matter how much they lost and that practiced continued by all of the new inexperienced investors and now the price reached to a value where only the skilled and experienced investors have invested only.