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?
But what I remember is, in the year 2017 in January to February I feel trading is so easy, as a day trader, I can generate profit every day. I don't know what really happened this year. it's almost 5 months bitcoin is getting down and unstable. all outside of prediction, even difficult to break above $8500 price.
Trading was easy almost all the year of 2017 but that was because the market was in very good conditions to make money, this is something many do not really understand they thought they had all the merits from the profits they got last year when in fact most of it was due to the market, the good traders are the ones that can make a lot of money even when the market is going down like it is happening right now.