Why is the price of Bitcoin going downhill? I kept saying for two or three months that the marketplace will be better by this time and the price of bitcoin will move forward. But my idea is wrong. Experienced people will share your opinion on why the price of Bitcoin is in such a state.
It is your problem mate because you are the one kept saying that the market will be better but what are your basis?
before saying such word then you must have some graphs to show or at least other matter that will make the market grow, but if none? then best not to lure people believing in Lies .
https://coinmarketcap.com/currencies/bitcoin/the market is showing good now , thought here are slight dropping yet 40k is still on board proving how good the market staying still.
and maybe this will maintain this positioning for the whole 2nd quarter.
I agree that bitcoin is in a very good position and not in a bearish condition. don't measure it from the peak position of yesterday's price increase with the bitcoin price now of course the market is bearish but actually the bitcoin price is experiencing a normal price. bitcoin is still priced at $40k and has lasted a very long time, so predicting when bitcoin can go up and why bitcoin can go down is certainly difficult to predict with accuracy.
Bitcoin is still in Bullish trend mate but we don't know what will come any time soon because the price cannot sustain to stay at least in above 40k for the whole week meaning changes are coming any time that we are not expecting .