bitcoin price is gradually becoming worse nowadays after many correction, and on this situation most btc holders are really frightened to keep holding because it seems have no chance to recover again.
Ps:. But guys we are already on it so be strong and don't easily give up in such things 'cause this is not the first time the growth rate perform like this. Please don't sell to avoid further losses! We must keep holding!
that is what people always think up until now, bitcoin has started to grow a few weeks ago, and now it is actually reducing the price again, and that makes new investors start not believing in the return of bitcoin prices, and new investors are starting to panic and some of them have already sold the bitcoin they have, and they don't think about the losses they are experiencing, and they are in fear of losing even more.
Yes, it is, it scares off new investors, I think the whales want it at the moment.When it becomes profitable for them to grow the market it will go to the top, they have billions of dollars in budgets for advertising !