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?
I think it will increase and decrease based on the news and economy of the world. In addition, it will increase or decrease in a certain cycle. I have been looking at the Crypto market for a long time and I think this is what it is. And low market capitalization also makes manipulation easier. This is probably the main reason for the market fluctuations.
as long as this is indeed with the emergence of great news, the investors do fomo or fud, as if they are not sure of the strength of bitcoin. or maybe even those who want to control prices by making news