The downward trend in Bitcoin prices has continued since a few weeks ago until now where the bitcoin price is still at the level of $42k. Will Bitcoin's downward trend continue or will it return to the $50,000 to $60,000 price level next month?
Its hard to say because the market is getting worse and I don’t see any strong buying volume so for now we are heading down and it make take us more time before we recover.
If we can stop this at least on the support level then we can have a chance to pump again but as long as there’s panic in the market, we can’t go up yet. Next month should be a good one, we have to rise again to end this year on a high note and bring that momentum next year so we can achieve a new time high again.