Bitcoin at the present time resembles as a bubble.Once it goes up, it immediately pops out. It is normal that the price of bitcoin gets down but it's been a long time since it is on its original value or higher than its real value. Those who invest these past few months are suffering a lot of loaaes and they are losing hope that bitcoin will continue to drastically decrease in value. Do you have guys some advice for me? It will be really appreciated and I will be eternal grateful.
Once they got the good news come from regulation and many countries will open their hand in bitcoin, it will pump! But as long as there is no news, bitcoin will become stable at 6500 to 6700 dollars. It will not rise and break the 7k dollars resistance. You must trust bitcoin because it has potential to grow not in a short term of time but in a long term investment period.
indeed news is the gateway to determine market movements. but we must be able to distinguish valid news from being trapped in it. with news we can determine attitudes. and current decline in BTC is inseparable from many bad news