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?
There is nothing wrong with bitcoins, there will be always a time where the market is dumping and that is not a problem, dumping of prices is not problem because it lets invest even more, traders can always use the volatility of the market in order to earn more profit.