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.
You are not allow to tell people about the market will go better when you know nothing about the currency you are referring .
and besides bitcoin is not going downhill instead it is now stable for a while, staying at 40k level in the last couple of days so why would you call this a downhill movement ?
and Bitcoin is still strong in this way , look at it now ? I believe that we can see more of this situation for the whole 2022 and maybe there would be something we can expect better for the 2025 at least.
It's not in a bad state all things considered. We are facing high post covid inflation, a huge war in Europe, we might face energy shortages due to countries looking for new suppliers of natural gas and oil and global markets are reacting to the news. Bitcoin is acting much more stable this year compared to other bearish years. Go ahead and compare the last 4 months to the first 4 months of 2018 and you'll know what I'm talking about.
Let those pass , because there are many things that can happen here and there but remember that Bitcoin and crypto will maintain its momentum year after year.