So much have been in the fore play in Bitcoin and to that a lot of issues have forced Bitcoin to behave in the current behavior, from sec calling Bitcoin an anti-environment and eco friendly even though we know all this are campaign of fallacy championed by anti Bitcoin crusader.
8 months low? I thought this was 18 months low right? We have never seen bitcoin going less than 30k since last December as far as i can probably remember. I am sure it is not because of this anti environment fallacy and definitely not because of fed doing some random things with dollar because if that would have been the reason I am sure bitcoin would have pumped instead of going down. It's just mere market manipulations that are going on and won't stop until there is some good bullish consolidation.
it looks like what my friend said is correct, if the price is below $30K it seems that it has been happening since early 2021 and now it's happening again, indeed the current situation for bitcoin is never getting better. Many predictions have been made and the analysis carried out, of course, we cannot predict whether one of them is due to anti-environmental errors or because of market manipulation by the pope and big institutions. all just predict it but is this true, what is certain is that bitcoin is currently down and we will wait for surprises to rise again.