Bitcoin Price Is Falling? How It Changed My Investing Strategy Forever

The Bitcoin price is crashing, You’ve probably heard the news by now. The price of Bitcoin is falling, and it’s fallen hard. The price of a standard Bitcoin on major exchanges has dropped more than 20% since it peaked at $20,000 on December 17th.

it’s clear that we’re in for a prolonged period of low volatility. Over the past few days, the market has traded in an extremely narrow range between $5000 and $5200. There have been no dramatic moves either way each time the price rises or falls by a small amount, it merely shifts around within that range before resuming its slow downward trend.

The causes are not entirely clear, but there are some obvious candidates: China and South Korea have both suspended trading on certain platforms as they investigate suspicious activity around cryptocurrencies; analysts are warning that this could lead to further regulation across the sector and some investors may be panicking after being burned by high-profile hacks in recent months at major exchanges such as Coincheck (which lost over $500 million worth of NEM coins)