Bitcoin has lost almost 15% of its value since two weeks ago. At the peak around Christmas holidays, it was trading at over $19,000.
Bitcoin investors have been predicting that meteoritic rises will commence any day now. But the price has been hovering in the $8,000-$9,000 range with surprisingly low volumes.
One Good Post:
why is Bitcoin price stagnant?What is happening in the Bitcoin world? What is the near-term price forecast for Bitcoin?
I think there is nothing wrong with the bitcoin market now, if the market price is down now we may be aiming for a lot of searching for btc and investing temporarily in the sense of saving, when the market price goes up then there is a golden opportunity given to us.