is it all that is going on with regulations?
Big whales just waiting?
People do not believe in crypto anymore?
is it trouble in some countries in ASIA with laws and regulations?
In my opinion, big investors already quit into bitcoin, because the price is too low now and they think Bitcoin is slowly dying now, but in my opinion, let's prove to them that bitcoin is not going to die, it is just taking its right time for the recovery of the value, who knows? we can have another ATH's for a year now.
There are too many investor who quit by cryptocurrency because of the price and that's why it affect the circulation of the price. The more the biggest demand that lost, the more the price dump. We see that when the price drop, it also drop more because they quit. It is the cycle of bitcoin and soon it going rise and there are too many investor regret on what they've lost.