I still don't understand why people are so worried about bitcoin present condition, new cryptocurrency investors are the ones getting everything wrongly. After months of living in worries i desperately want to understand how crypto works ,while using coinmarket cap I came to understand that Bullrun and bear run will always come around ,from 2009 to 2017 graph clears all my doubts as many bullrun has been in existence since day 1, 2017 was the highest ,what will be next ? 20k ? 30k or double of that ? We all need to chill and relax ,this days will always find their way back in time .Do your research ,past histories have all your answers
Of course without a doubt when considering the bitcoin price variation trend when there is a price drop there is always a considerable price increase follows because the low price attracts new investors and traders to buy bitcoin to make good profits and that increases the demand which is a major reason to push bitcoin value up in the crypto market and this situation is not understood by many newbies and that is the main reason why most of them sell bitcoin when the price is getting low