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 about cryptocurrency or birtcoins but the traders has a problem because they sell their coins at the lowest price even the market are currently dumping the value due to pressured holders who are selling their coins right now.