Bitcoin prices are constantly decreasing.Its price has increased slightly a few days ago, but now it has decreased again.So, the bitcoin will be completely destroyed? If the predictions of different researchers will be wrong then..
What is the reason for lowering the price of Bitcoin?
I think Bitcoin already hit the buttom for this year which is $6,000 therefore we should not think of too much speculation like Bitcoin will be destroyed but we should focus now on how much we will going to earn in the future as sooner ot later price will finally bounce back as predicted by most of the famous experts in this field.
I would not actually be so fast in calling a bottom at this moment in time. Sure, we have seen some reaction in the $6k region, but one thing for sure now is that we just have to wait and see how the whole triangle thing is going to play out first. I won't be surprised if we get to see a final shakeout in the market, before we get to see an uptrend suffice, but all the same, there is nothing like bitcoin going towards the dark here, and in the long term we are still experiencing a huge light and one thing for sure is that what some are calling a bottom now is what was an ATH just last year. Imagine how things would be in the long run.