After a glorious year, Bitcoin entered the new year with very serious drops. Nobody expected these falls. Then the value chart continued to fluctuate. Sometimes it rose and sometimes it fell, and in the last 24 hours, it almost stabilized at unexpected prices. People expect Bitcoin to rise constantly, but somehow it cannot make that rise, and continues to lose value day by day. Upsetting many of its investors, Bitcoin caused uncertainty about whether its value will rise in the long run.
As the debate continues whether Bitcoin will rise in value again, bitcoin continues to lose value. Some of the Bitcoin investors take this as an opportunity and buy when this value has dropped. Anyone who is sure that Bitcoin's value will rise is turning this situation into an opportunity.
If you ask my personal opinion, this decline of Bitcoin will continue for a certain period of time. It will stabilize at certain prices, but it will be able to return to its glorious days in the future.
Meanwhile, this decline in Bitcoin has pushed away new investors and anyone considering investing in bitcoin. Because this fluctuating value chart and its failure to rise sufficiently damaged its popularity. The favorite of the people, Bitcoin is losing its popularity and users in the new year.
