Why is BTC going down like it does the last days? Straight down.. Down around 10% (?)
Do you guys think it will turn the other way soon and go straight up again or will it keep going down?
There was no such news that could affect the price, what I think is, it's some sort of cooking, because most of the analysts have said, "BTC will reach $40k in May" If that's the case then it's not wrong to say, BTC is cooking and ready to shoot up. Even, you may have heard the news, of
Whales accumulating BTC, This indicates, the market is still in buying positioning and whales have some plans to get profits out of it.
TBH, I also thought if the market close above $28k the previous week then we might see some pump in this week but things are still the same as the previous week, what I think is, we may see some good entry points in this week and by start or mid of May we may book some good profits. But that's just speculation, so we all should do our own research.