I mean, the price of bitcoin has been falling for at least 15 months. It could continue to go down, there is no guarantee it will go up.
Yet you still get all these idiots going "if it drops I will buy more" ... How much lower you want it to go ffs.
"people are waiting for the price to go even lower so they can buy more coins" ... really?
People hold coins for obvious reasons. A lot of them are bag holders. They try to make themself happy with the hope the price will go up. Can you blame them?
I am one of the "idiots" who will buy more if the price goes down. Smart traders know how to make money