All the time being this year has not really record a tangible price increase that's why people are dumping bitcoin for now. I consider more buy before now but I think is wise we use our wisdom to hold on or stay bitcoin idle for now, let's see what could have be the reason for this drastically continues price falling. Am thinking weather is reducing in figures, or other market products have reduced its value, or have America caught Satoshi and warn him to stop this bitcoin from gaining value? Talk please, but my advise is to reduce your buying strategies and watch.
I'm not sure which price monitor have you been watching lately. This post was made on the 16th where bitcoin was roaming around $25k despite the fact that SEC are trying to drag bitcoin down by simultaneously suing coinbase and binance. Many people have been worried about since it may impact bitcoin's price as the SEC were even planning to freeze the assets on binance, but still bitcoin holds it's ground.
And is just so wrong to just watch if let's say bitcoin will have a sharp correction. I mean that's an opportunity right there, right in front of you and you do nothing but just watch it? Man, that's an opportunity to buy more fractions, don't reduce your buying opportunity - maximize it!
some people are affected by some fud surrounding this market. but wondering where are those people who were saying to themselves that if btc goes down, they will buy more as they missed the time when btc was still not popular in the market.
and this time, it is proven again that even if there was bad news like SEC chasing after binance and coinbase,
BTC can still increase its price despite the bottleneck it is facing with.