the value of bitcoin dropped because of the circulation of negative rumors about bitcoin, besides that there were also many government restrictions on the circulation of bitcoin. The value of bitcoin will go down because news about geogle bans cryptocurrency-related ads, Facebook also bans ads about butcoin. But not only that, Twitter and Instagram according to some articles also make these actions. Although that is unverified information but it makes a stir in the market so it has played a role in reducing the value of bitcoin. But thanks to the news saying that they will discuss the benefits of cryptocurrency, bitcoin has recovered its value and hopefully can rise more.
Not only big whales but all of us are not going well due to little price increase we sell out our coins immediately which enables the price of Bitcoin to go back downwards. Our actions do not let the price to improve or follow the increase trend so we have to change our mind if we have opportunity to get huge profit then why we choose little profit, is totally out of mind and ignorance.