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.
Get used to it because the price had always been like this on which it could be moving sideways or on accumulation phase which it is something that not new into this market.
We cant really see a market to have continuous price increase and we know it could be composed of bearish or bullish movement where you would really begetting used to
it on the time that you would really be setting your foot into this place.You would really able to familiarize it out once you do gain up experience.
Only people who are experienced in the crypto world understand how Bitcoin moves,
or if we study Bitcoin properly it can also provide information to us as to what Bitcoin's movement is like.
Because the movement of Bitcoin is based on supply and demand, it is not surprising that the price is very volatile and difficult to predict.
Like when the year 2021 unexpectedly the price of Bitcoin could rise very high,
but the problem is that we cannot expect the price of Bitcoin to continue to rise, because the price of Bitcoin will also fall.
It turns out that entering 2022 the price of Bitcoin slowly decreases, until now the movement of Bitcoin looks sideaways.
What really matters is how we take a stand to see the movement of Bitcoin, so it's not new if we look at Bitcoin sideways,
decreased or increased. We just need to get used to how Bitcoin works,
then automatically we will understand what steps we should take.