Why bitcoin price keeps going down these days? Is it just the ETF rejection of Vinklevoss twins?
Why do people keep talking about that Winkelvoss twins ETF rejection all the time?This is old news.
The price is going down,because lots of crypto traders realised that this price increase trend won`t be stable and won`t last long,so they started to sell btc,in order to get some short-term profits.
And this is not new, we've seen BTC went even lower than $7k in the month of June, this is completely normal, haven't you been used to this? The price seems to go down and up, we should actually be thankful that even if it is a slow flow, we should be completely happy that it moved and did not stay at that mark, we should expect more ups rather than downs, this is normal and I'm sure it'll move up once again.
And it drops lower than $6,000 this August meaning volatility is the only reason for this downtrend and not this ETF or other stupid issues.and besides this is only proves that market is active and healthy wew wont make money in stable price growth because we need cheaper prices to gain much better