The price of Bitcoin has ever being on a rollercoaster ride, when the prediction is to to go sky high, then the reverse turns out to be the case. In the past month, we all where on the expectation of the price of BTC to reach the highs $65k, then we started seeing the correction. Therefore, I will say that even at this correction, the price movement can't be total analyzed if it's up or down on the next move, that is why we hold/buy at the moment of the market situation. Am sure the deep ends at the $30k level and won't be going below, otherwise buy more.

This is caused by many factors from the government of different countries speaking against Bitcoin in one form of the other. US which made some charges on the use of Bitcoin, China government having its own storm against many crypto exchanges that are located in the China province, and also speaking on the total ban in the use of crypto withing the country. These are some issues that has made the market be in this bloodbath for this long. Well, as the crypto nature is, the reddish color present is for the correction the in price of Bitcoin, cause it has been on a steady rise over the past months, this is to slow it down for the time, but it's sure that the market is targeting something higher.

For those who are not new to the crypto system, this will not affect the emotions cause this is a normal thing.  Now is the very good time to get some bags filled up by the big whales and wait for the market to rebounce. As the market has been on a high ever since this year, now it is approaching the mid of the year, this correction is something that we should have expected, cause the remaining quarter of the year could be much more bullish after the correction has completed and a new support bottom line.
The attraction of new investors will be determined now as the market is down, a good point to jump into the market before the resistant level is reached again for greater Maths.

This is becoming the new pattern at which signature campaigns projects are using as a means of cheating and defrauding its bounty hunters from receiving their rewards. At the point of starting a campaign on a project, the need for KYC will not be stated, when the project comes to a successful end, then different  selfish ideas will start coming up so as not to pay the hunters of the campaign.
This is now a new form of scamming bounty hunters, as it was not from the inception of the campaign, bringing it later on is totally unfair.

There are really some different good takes that every individual who wishes to take an adventure in the crypto space will like more than the other. Trading (either short term or long term trading) is good and a whole lot of people are making profits out of it. Having a full watch over the market for a coin that has made some significant moves over time can be a good hedge when there is a deep in the market for a better profit in the long run. During or after some positive changes after the deep will take a good lead on the point of investment/coin to trade. For day traders, you must be really good at it to make profits, for me as an intraday trader, I still make some losses at times when it seems I want to be a little bit greedy. But I agree on the point Trade from the deep that is where good profits can be attained.

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The issues from China ban to the use of Bitcoin exchanges and miners is seriously affecting the entire market. Big exchanges in China which are now having issues with the country's rules is also something affecting the price. Maybe after this issue, there might be a change and a rebound in the price of the crypto assets.