One of the reasons this might happen is because of the nature of how cryptocurrency works. This is the one I risk the most. there are about a million factors that can affect the value of bitcoin or altcoin, and this decline is something that is natural and expected, especially now because the market is flooded with more investors than before. because of the negative news that people hear they are nervous and panic but don't need to worry because one day the price of bitcoin will stabilize. But I'm sure the price of Bitcoin will rise again. Same as last year.
Very true. You never know what to expect. Even if positive news is released, it doesn't move. Then for absolutely no reason, it'll skyrocket. I think it's got something to do with the flow of money from other markets as a lot of investors will get into crypto for various reasons that have some negative effect on those other markets.
It's just finding it's feet and getting ready to take off again. I don't think it'll go on the same run as it did last year, but it'll still find its value.