Hey guys, i need some suggestions and opinions about this.
The factors that affect the price of bitcoin is the consumer itself. They try to sell their bitcoin in lower price that's why the value of bitcoin is going down. It is all about the supply and demand of a specific consumer.
Demand and supply playing important role in every commodities price. But in bitcoin case right now, most investor easy to panic and selling their bitcoin because of negative news. Bitcoin right now become speculation by big investor and they make money from bitcoin volatile