These are all concerns for anyone who has entered and is in the cryptocurrency business. But, for those who are prepared to take risks, this is normal.
I do not want to discuss the causes of the decline in the price of bitcoin, let alone really do not want to discuss the factors causing it in detail. It has been in free fall and continues to happen, perhaps. Talking about the cause of the occurrence, it's not interesting at the moment.
What is more important and interesting is what is your reaction
It is about whether you will stay put while waiting for the price to improve or you will get carried away in panic selling mode or even you will withdraw from the business, get out of cryptocurrencies.
Of course, in determining your reaction, you will analyze all aspects, because every aspect has a strong positive and negative correlation.
Prediction
By observing the recent conditions. ....The free fall in the price of this crypto asset will last a long time and it will add to the worries of those of you who already own the asset. Of course we don't expect this to be a fear of a world economic recession.
What is your (choice) action?
Best Regards
(Zed Amna)