Why bitcoin price keeps going down these days? Is it just the ETF rejection of Vinklevoss twins?
I think the market for this year is not good enough to rise the price of bitcoin to as high as $10k before the year end as those investors are selling their coins for short profits and no sign of good news that can ignite the market to a bullish.
We have been going with conditions worst than the current market conditions and have seen it recovering again. This time the market is not so down but is taking long to recover is due to a reason as well that we sell for small profit when we observe a little increase in price. We should avoid selling for small profit so that holding of coins will not let the market face with downfalls.
But I think that's because there is news from the ETF and because there are also other bad news that finally makes many traders panic so that the bitcoin prices tend to fall and often collapse.