Bitcoin Forum

Its being observed that market was moving towards bullish trend but for last one week again prices are falling.As per my knowledge there are two reasons.

1.Mt.Gox sell another big quantity of BTC due to which BTC prices fell down and entire crypto price is going down.
2.Largest S.Korea crypto exchange upbit investigated by authorities and police after price are falling continuously.

Due to this massive sell of is being observed.Anyway its common and market will soon move toward bullish period.

These days I think unless it's major news then it's hard to say exactly what caused the sudden dip. You think those 'latest' news articles are the reason the big whales would be selling? The news they know about we're not even aware of yet, I can guarantee that.

This is very common now to see a short pump and a big dump so people should be already always for this kind of trend. Many negative news can happen in the coming days but I still believe on bitcoin and it can survive this challenges.

Hard we predict the market of cryptocurrencies. He confirms it and confirms. Up to the end it isn't clear what became the reason of the current falling. Perhaps your reasons are really right. But none of ordinary investors precisely will tell it to you. We will hope anyway that this falling is temporary.

Pretty much this , Whales are definitely have inside news I do not thing they just wait for public news like we do , but in whales book dip might mean good news is coming and they want price low to fill there bags they simply do not have the same mind set we have ( I am talking about real big whales , not the so called (not) whales clubs )

It is true that I can not find the exact reason why the market has continuously declined in recent years. It is possible that whale investors are trying to push the market down so that they can buy a lot of coins at small value and then push the market back up, I hope the cycle will be carried out in June and 7 next.

As far as i know the bearish trend for both of the news has already ended. But there is a possibility to the mtgox to sell another btc again. But it looks like this is not the real reason for that. Remember when bitcoin worth 6k and it's jumping back again to the almost 10k. And we will see that again in the future. The majority of people are still identified what has already happened with crypto right now

Market cap declining due to some sales by an exchange really conflicts the decentralisation model of blockchain and crypto. It seems blockchain's dynamics that brought it into prominence is being threatened.

Price manipulation. Whales are buying back into the market so they are buying back in. There are also people that are panic selling now and all the coins that they are dumping in the market is increasing the amount of supply while there isn't enough demand in the market to balance it out. A large quantity of coins have been sold in the past weeks and now we just have to wait for the prices to recover.

The current market is such that there is news or a large number of dealers selling Bitcoins will cause market prices to fall! I'm used to it!

I say yes also that the real reason for price dip is not yet known to me. Is still a wonder.

And it is also true that the news information that will be opened to the whales are not necessarily in public because they would have inner room groups or something as that.

It is very hard to determine the cause behind the fall of the prices of cryptocurrencies. there are  many guesses being with regard to this. Some say that it is because of manipulation by whales, negative news regarding the crypto market circulating around, and panic selling as a result of fall in the prices. We can just hope that this fall is temporary. Basically what makes me feel that this fall is temporary is the fact that bitcoin is already being widely used as means of payment or atleast many people are still holding it.

Dumping. The whales are manipulating the prices to keep it down so they can buy as much as possible. It is what is wrong with the crypto market, There is way too much manipulation. This is why we should all support putting regulations on the market, even on the trading too. This can lead to price hikes or price dips at different times depending on if they want to  buy or sell coins.

Looks like you've done a bit of research!

Yes, one of the main reason is because of Mt. Gox selling off a huge mountainload of btc.

For those who don't know, Mt. Gox is basically one of the original crypto exchanges and dominated everything for quite a couple of years.
And then got hacked with massive amounts of money being stolen.

They have been selling off their btc to pay for the downfall of everything and since the beginning of the year, they have picked up the pace.

As far as Upbit affecting things, I am a little doubtful that had a huge impact.
While volume from Korea is a whopping 20% of the entire market place, one exchange out of all of them doesn't seem to have enough of a influence.
Korean traders would have just moved to different exchanges.

Mostly, the crowd sentiment was anxious for Consensus 2018 and hoping things would take off.
When they didn't, that made the cycle even worse as immediately, people starting being bearish again.
teh irony of it all, is that if stopped holding on to our coins so tightly, we can push the market up by trading and buying.

when bitcoin holders in bulk sell all their assets then bitcoin rate will decline globally, but bitcoin trend is actually growing again this week I believe bitcoin prices will rise again in the near future

Add also the fact that many ICO are scam also the ever unstoppable FUDS that roaming around the net. But we can assume that a week or two it will recover again and im hoping to see a bull market because it is been so long since the last bull run we experience here in crypto.

You forgot the playful act of whales by getting their cash easily and they are in profit so they do massive selling.

There's also a report that U.S. Launches Criminal Probe into Bitcoin Price Manipulation. (https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe)

So, Mt Gox whale selling off + South Korea authorities clampdown + US Dept of Justice scrutinizing everything crypto = 20% crash in prices? If this is the worst that happens after all these threats come together, then we should be in for a real ride upwards when even 1 good thing happens in the near future. Come on guys, there is no reason or rhyme, we should have understood that by now. Just another day in crypto office.

I think this crypto whale is played with the bitcoin price because the price can not fall by 20% in a week

These are reasons to let crypto current price to fall , but it can't be entirely be blame for the fall in crypto price. The market is so huge that a single actions like MT gox sell off will bring the market to its knees.

Dear everyone,
Many reasons for Crypto Current Price fall. I want to say a reason of trend mind in market investment only.
It's really difficult to determine RFO exactly.

That happens for a reason maybe it is because of lesser investors. But actually we really don't even know what really happen in the market why the price are getting lower than before. Only one thing I surely assure that it will not stick to low but rather it will be high the price because it keeps in changing the value.