Bitcoin has increased in value, this is a great result for those who hold it, and for those who sell bitcoin for a low price because panic will definitely regret its choice.
Do you know when high is high and when low is low?
you and nobody knows this, so it is very natural for people to sell their bitcoin when price falls a lot, this happens because we do not know the price will go up, we only make the assumption that the price will rise. you can buy a bitcoin now for $10,000 and we get to December and the price of 1 btc will be $5000, but then you will wonder: but many analysts have made price forecasts of $20,000 in December. analysts make assumptions.
I think there's a stronger psychological game that's played by the media when it comes to bitcoin.
media wants money, they disclose news that cause a great impact. usually bad news is the that most cause big impact