today the price of bitcoin is still falling sharply on the global stock market where the price of bitcoin is currently still not so stable in the midst of the bad conditions of the world economy caused by wars in several countries.it also indirectly makes the price of bitcoin increasingly decline sharply in recent years Lastly.bitcoin's long-term performance is of course not a big problem considering the unstable price of bitcoin, but we are very confident that bitcoin prices can return to stability in the next few years.
And as this is forecast to remain bearish, possibly around $25k, there are a lot of things that influence the drop. Before there was talk of the Covid-19 pandemic and now with the recent conflict in Ukraine and Russia. factors. that influence the ups and downs of cryptocurrencies.
For investors, they could see this point as a long-term reversal as a series of rallies are forecast to push Bitcoin higher at some point because as we all know in a very volatile digital currency, the fact that it is its next move, but several traders and investors are predicting a "rebound effect" where it will go down but at some point take off like a rocket. So when I tell investors that they see this as a long-term investment, it is the right time to invest as it would yield big returns in the future.