Market Declining: BTC Bears Take Control

BTC has not been able to maintain a steady lane in the Cryptocurrency market of recent, and this has made it go bearish most of the time and in this case, most investors find it hard to gain in many ways because of the drastic down fall of BTC. Most investors have the hope of gaining more after investing hug chunk of their money into BTC, but sometimes end up no giving the value which they wanted.

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BTC declined to $26,800 in the last hours and I believe this is a no go area for those investors that are having it in large quantity..Eth which is also a partner to BTC has grown low in price to $1,800. In lie with this, some other coin or token were appreciating and giving rise to their values like farm,rad, LTC and many others..

Sometimes I suggest that investors buy some 2nd layer token because it sometimes appreciates more and will bring forth more values within due time. Some factors which makes BTC to remain on stable adre sometimes as a result of the instability in the price, uncertainty in the price of each token and so on.

Government are not really a helpful case in the aspect of crypto currency and I believe they contribute to the downfall in the price of Crypto currencies everyday. Most government are not in support of Cryptocurrency because they believe if the adoption of Crypto is approved, it will surely affect the way they get money and also the local banks will be more useless than useful..

Bare market is good to some extent, when we have bear market, I know it will be very hard for people to cope with the downfall, but obviously, I believe there are betters days which I believe the country will be free to run the system anyway they like