Will there be any fall in Bitcoin prices?

The Bitcoin has fallen to $22000 from $30000 which is a second fall in the price in a month.
The fall in prices of the coin took place one day before Eid ul Adha. Not only the Bitcoin but other popular crypto coins including Ether and Cardano’s prices also dipped. However, on Eid day a hefty recovery was seen in Bitcoin prices as it got support of investors in the Bitcoin Conference. It is again being traded at $32000.

The experts said the fall in price was due to selling of the coins by the big players as they knew that Elon Musk who is the biggest supporter of the coin would give statements in the support of the Bitcoin. This way the big investors were likely resorted to selling to earn profit by repurchasing of the coin.
They said so keeping in view the past trends when dutch coin was influenced by the investors to earn profit.
The Bitcoin had lastly been traded at $65000. However, during the last two to three months it has been facing pressures and it is hovering between $30000 to $35000.
It , therefore, the investors are in a state of confusion whether or not they should go for buying the coins.
The crypto currencies have been on rice since December 2020 till April 2021 due to the reason that big companies supported the crypto currencies among them Elon Musk was the prominent one.
Elon Musk had disclosed his company’s  heavy investment of billions of dollars.
He also announced to accept crypto currencies for the sale and purchase of his company’s products including electric car that pushed Bitcoin value to $65000.
However, when he refused to accept payments against his electric car due to environmental concern, the coin further tell down.
Following the statement Bitcoin crashed badly. Besides this reason there were many other factor that played role in pushing the Bitcoin prices down.
Crackdowns against the crypto currencies by Chinese, the UK, Canada,  Japan and Thailand governments also proved instrumental in bringing down Bitcoin prices to a significant level.
What will be the future trend of the crypto currencies is an important question. Will the crypto currencies rise or fall?
Reports have predicted further fall in crypto currencies prices. A media report said: Bearish call intensify as the crypto selloff amps up.
Exports are also of the view that there will be further fall in crypto currencies.
0n the other hand, another group of exports say that due to crypto currencies’ speculative and volatile nature it is next to impossible to say anything concrete.