Well, time is always weird with Bitcoin's price. That's the normal of Bitcoin. It rises just when you think it will fall and it will fall just when you think it is being carried by the bulls. I cannot explain why the price of Bitcoin is falling right now. I was feeling bullish about Bitcoin several days ago when it crossed $10,000, but it seems my gut feeling is never accurate. I thought we will hit $12,000. Well, I guess both the traditional market and crypto market are now affected by the fear of COVID-19 pandemic.
I think it's more people were losing money in the stock market and got nervous so the average large trader tried to sell off their bitcoin and wanted fiat instead.