because there are some people that want to collect bitcoin with cheaper price. as soon as they decide that they bought enough and fullfilled their wallets then a new bull run is going to start till they want to cash out.
right, there are some people who with good capital or news try to invest in bitcoin at low prices. of course they will seek big profits. for that do not be affected by negative news and still hold your assets
This will be good to all new investors who invested in a very cheap price of coins because soon they can have a sure profit that time. Anyway, I am still positive that the market will recover again soon.