Most of the Bitcoin users are in the 15-29 age group. These people want quick profits and are not ready to wait for two or three years. I would blame the recent crash on these guys.
when looking back, of course there are many factors that make the price of bitcoin fall. although there is a lot of good news, but the sport of bitcoin cannot recover in such a fast time, and now it is the case.
Probably it is. It is very unpredictable. Things happened the way we do not really expect. The pump and dump happens without us knowing. But then we all need to hold and wait for the right moment to gain profit. It is very important to know or analyze the market always.