Bitcoin now at 32600. Why is it going down so much ?

Now 40k plus. Safe to invest now for those who were worried about complete bear market.
G7 news are coming and there will be a mining council at Wednesday (16 june). I would wait till then if I care about the money I'm investing.
 
Please turn me to 7 june((( I would sold everything I have for BTC!
 
Try answering the why? Why should one BTC cost more than $32k. Nobody actually buys BTC to use it anymore, solely because they think "it's going to the moon!"
 
Try answering the why? Why should one BTC cost more than $32k. Nobody actually buys BTC to use it anymore, solely because they think "it's going to the moon!"
A lot of people sell and buy services for crypto.
 
A lot of people sell and buy services for crypto.
By a lot of people you mean illegal or semi-illegal goods. Cause thqt's the omly thing people really buy with BTC specifically today. The fee of 25$ when sending 20$ is something nobody will ever accept, thus making BTC useless.
 
By a lot of people you mean illegal or semi-illegal goods. Cause thqt's the omly thing people really buy with BTC specifically today. The fee of 25$ when sending 20$ is something nobody will ever accept, thus making BTC useless.
All the people do not pay $25 fees while sending $20. And for those whom $20 is the fees, they can also send $20000 with the same fees. Good luck sending that much with paypal .
 
On May 18, the People's Bank of China announced a ban on financial institutions and companies from providing services related to cryptocurrency transactions, as well as using digital assets as a means of payment. In addition, the regulator warned investors about possible risks when trading electronic currencies.
 
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