The price of Bitcoin can be attributed to several things happening at the moment. Take the war between Ukraine and Russia which has led to highly fluctuating market trends globally. In addition, the bull run seems to be over so market is currently having a general correction as expected. Hopefully we can bounce back pretty hard after June.
There are many factors that can either directly or indirectly affect Bitcoin's price. It could be the current Russia-Ukraine crisis, insider manipulation, or simply FUD by the mainstream media and other entities. What matters here is not the price of a Bitcoin, but rather its usefulness as a censorship-resistant medium of exchange. As long as the pioneer cryptocurrency works as intended, nothing else matters. People just have to learn how to live with Bitcoin's volatility in order to get the most out of it.
With how successful Bitcoin's been since day one, I'm certain it'll reach a higher price within the not-so-distant future. We need to be patient in order to achieve great results in the long run. Just my opinion
