We are near from $4000 today, Bitcoin really has a crisis this year especially last year as we can see that last year really not a good year for cryptocurrencies cause last year is when the bitcoin value started to drop hard. Spreading of fake news is also one of the reasons why the value is not recovering because most netizens are believing to those news especially big investors so we need some encouragement for them.
The price of bitcoin has nothing to do with the spreading of fake news and big institutional investors wont listen to these silly news and we had a huge rally and the price increase was really huge and anything that grows that big in a short span is bound to come down and that is how every market plays, it is difficult to sustain a sharp rise like that and there is nothing strange too as it is in its early stages and the big funds will come again once we see the signs of bull once again.