Hi BTC Community Friends
Since last two yrs from today's date ie 04-09-2020
why BTC is Hanged up between $6000 to #12000
While From 01-08-2017 to 31-12-2017
BTC Shoot up from $2857 to $19495
it is just 4 months Duration.......
while from last two yrs whole community is trying/hoping
that
BTC will reach again more than at its actual level ie 20K...
whole community together is trying to boost BTC......
but every efforts of whole community doesn't work.
Why....
it is not boost up again.......
if we will not analysis this situation
then it might be possible that in near future
we have to spent more BTC to buy only "Single PIZZA"
Need Healthy Discussion......
Regards
Matrix.Max
(Formally know as Dvyanc)
Sr. Member of Bitcoin Community.
You need to stop placing so high an emphasis on price. As with all markets/stock/commodities and so on prices move upwards and downwards based on supply and demand and market conditions, just because something drops in value doesn't mean it is going to die. The only way BTC or anything else for that matter could die is if people no longer feel it is of use to them or provides no more value to them, all this is irrelevant of the price of the product itself.
Based on what you have written it seems that you don't really understand the concept of Bitcoin and have most likely purchased more than you are comfortable with and at a higher price then it is at today and you are now simply panicking.
This is unfortunately true for many people on here who buy into bitcoin something based on the encouragement of friends/colleagues or after having read some foolish news article.
Case in point (
https://www.nytimes.com/2018/01/13/style/bitcoin-millionaires.html)