Can't figure out an exact reason. But as I know the conditions took place in Saudi Arabia affected a lot for the recent decrease. There are lot more reasons according to the experts
I think this news is somewhat old I think. These kinds of things can't stop, one day all the countries have to accept cryptocurrencies and these small countries will be too late at that time as developed countries will lead crypto world as they have already allowed investments legally
But in recent times I have seen some coins of certain projects that move faster than bitcoin. even when bitcoin started to decrease these coins still kept a good growth rate. so they are moving individually as a good project. So what I think is now in the crypto world. it is not only bitcoin matters ?
I'm very sure you have invested in bitcoin. feels like you have invested all you got when reading your wrods , but this can be happen or not. This is crypto world and not everything is going alright
It's time to buy bitcoin, not to sell. only people who do not have an idea about the behavior of bitcoin sell it now. Don't sell, just buy bitcoin. it is the wise action to do now
You many be right , but all the news about bitcoin is very positive.. everything running fine for bitcoin. But why the market is behaving like this.. It totally behaves negative side ?
Yes , this can happen as now bitcoin is used in lot of activities. But there must be little bit more control over this to be used as a fiat. So let's wait and see whats happening.