Why is BTC going down like it does the last days? Straight down.. Down around 10% (?)
From around 30K to around 27K.
Nobody can predict Bitcoin or the cryptocurrency market, but people can tell you why the price has dropped. For example, when some bad news comes out, Bitcoin prices drop due to panic from Bitcoin traders and people manipulating the market.
Do you guys think it will turn the other way soon and go straight up again or will it keep going down?
I thinked this year would be a good BTC year and i still think it will be! But I did not see this coming to be honest.
There is high hope for the Bitcoin price to rise soon because we are expecting halving next year and the price has yet to return to its previous ATH, and people expect BTC to reach nearly $100k during halving, so the price may begin to rise soon so that it can reach the target we are expecting.