There is nothing wrong with bitcoin now. I don’t know how you see it but bitcoin is actually heading to its new all time high anytime. So instead of trying to break down and blame the market, study the market well and try to create a more realistic and reasonable analysis. That way, you won’t fail on your bitcoin investment.

However, any time btc price may drop, that’s inevitable, and the only thing you can do is to invest at your own risk. Invest wisely to avoid future regrets.