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.
The price of Bitcoin is already in a good position for sure, the price was just around 29k$-31k$ I think it could easily hold off until the end of the year for sure because we already see the market price drop but it doesnt seems to drop on 28k$ it just continues to stay around 29k$ which is a good thing because we can notice that the price is holding off at that level, to be honest price could probably reach 40k$ at the end of the year if the price continues like this, In already has a lot of momentum unless something bad happened or bad news drops online I can't see the price dropping around 20k$-25k$ again.
I mean for me I was really hoping for the market price of Bitcoin to drop around 20k$-25k$ because it's a good opportunity for me to buy Bitcoin at a discount and that just means I could accumulate more volume of Bitcoin. If investors are selling their Bitcoin then it's a good time for us to be greedy and buy more Bitcoin also a good opportunity to make a profit in the coming bull run.