Top 10 Reasons Why Bitcoin Is Falling Downhttps://u.today/top-10-reasons-why-bitcoin-is-falling-down-The frontloaded success of cryptocurrency mining
-Regulatory roadblocks
-FOMO turned into FUD
-Rampant market manipulations
-No institutional money
-The Blockchain over Bitcoin narrative
-News about the recent stock market crash
-US investors avoiding paying capital gain taxes
-Mainstream media coverage
-Will the BTC price recover?
I think he will recover, but maybe it will take time.
Because the price is controlled by several factors, but I think the most important determinant of the price is supply and demand
For me, even if there are no big issues around that would pull down the price of bitcoin, it will still have its own reason to fluctuate its price making it falling down because of its own high volatility. As long as its a volatile coin, it will never stop from increasing or decreasing its price.