Bitcoin has been dropping in price. I wonder what its future is.

Everything is dropping in price today lol.

They didn't just start a federal reserve for bitcoin b/c they thought it was going away.

Trump Jr sure curiously has a lot tied up in bitcoin.

The new fed chair is a crypto guy.

BTC went to near 70k,,, then dropped to 17k last cycle

This time it went to near 125 k,,,, now dropping to 60k

Could go a little lower before the reversal and new ATH’s

It’s doing what BTC does,,,, nothing has changed in the fundamentals

Not for the faint of heart

I disagree. BTC has shown that it is clearly NOT the inflation hedge that it was supposed to be nor is it the anti-dollar it was supposed to be.
Also, the last 9-10 weeks the market for real companies has been on a tear. I think many people may have used BTC as a source of funds to buy stock in real companies.
We may see a pause in that now with the market running scared from the employment numbers today and a Fed that may raise rates.

I was just contemplating if should convert some dollars today or wait

Id say the numbers do suggest there’s been a shift of folks out of btc funds etc and into other markets recently. Particularly amongst the investment type group vs those that fall into btc adopters

I'd agree with that.