Quote from: serjent05 on August 26, 2022, 08:17:00 PM

Quote from: First Registration on August 21, 2022, 04:43:33 PM

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

It is a simple explanation, Bitcoin price is decreasing right now because the supply weighs more than the demand. In short, there are more people selling the people buying. But don't worry because the market sentiment isn't permanent. It changes from time to time and the bear market will transition to a bull market, though it will take several months before the transition of Bitcoin bear market to bull market happens. And in that event, you will see the Bitcoin price surge and possibly create another all-time high-breaking record.

that's the wheel of the economy, surely many investors are waiting for the best / right time to buy. Bitcoin is not a stable cryptocurrency and not a centralized asset, so market activity has a big role in price changes that occur in bitcoin. just keep an eye on the market price and don't leave just because the bitcoin price is down more than 50% of its ATH.