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.
Yes, I think the same. The market has become confusing us and makes many people selling their bitcoin instantly without trying to hold their bitcoin for more. Much negative news about bitcoin makes some new people who do not know much about bitcoin worry about their funds in bitcoin. But hopefully, it will be only temporary and I am sure it is just temporary and will end soon. Our waiting time to see a bitcoin price increase will come and at that time, we will be back to make a big profit. Just hold on tight your bitcoin.