Bitcoin Forum

For two consecutive days, Bitcoins fell late at night. There are many rumors on the Internet, some people say that the exchange joint bankers, institutions, a hanging of retail investors. Others say they are preparing for big organizations to come in one after another. But in any case, retail investors are innocent.

I think one of the causes is the effect of trade war between China and America
and also the global economy is weak

dollar trade wars been going on for decades, centuries even, weak economy been going on since 2008... come on atleast try a bit better and stay relevant to this year

how about all those futures options that expired last year, people put into another yearly contract which they are now closing those contracts.(meaning something relevant to the last 12 months)

how about all those hashrate chatter causing people to panic because its not supporting a good bottom floor value line support(2 month floor puts btc at a ~$7k cost to mine).. in short the $10k price was inflated/bubble and not 'good value'

how about people now trying to register with brokers to use things like bakkt instead of buying direct thus less buyers and more sellers on the exchanges.

anyways. if you want to stick to the decade view of causes, here is the best one.
bitcoin has and will always be volatile like a stormy sea. with waves going up and down. dont expect a perpetual tidal wave growing constantly bigger and bigger. dont expect smooth sailing. always expect ups and downs

More and more things get attributed to the fall in the price of bitcoin as well other altcoins. Trade wars and the weak economy prevailing around the globe isn't much discussed. The quantum computer from Google and the Bakkt launch is the much spoken statement for the fall in price of bitcoin.

Maybe there is a little chance and the entire thing is not because of the Bakkt and quantum computer. As in a quote it is the true growth which is equalizing with the mining cost. Prior to the same it was inflated.

there is no conspiracy in action, it is just momentum. the price broke the very strong buy support at $9k+ and has been going down because of that thanks to a lot of stop loss orders, panic sellers with weak hands, lots of shorts and like always some manipulation.

there's a simpler explanation---retail investors hung themselves. have you been seeing all this hype around bakkt leading up to its launch? well once it launched the hype was dead, but everyone was still long on BTC. that creates a situation of strong supply and weak demand. the path of least resistance was down.

i don't think we'll go too much lower.....maybe the low $7ks or a wick into the $6000s at worst. no matter what, there will be a violent rally once we finally bottom out.

I'll take around $6k as the bottom and will have momentum swing after that.

Im even surprised Bakkt hype didnt execute positive results in the market. I left clueless to as why the price continued to go downward, after the massive sell off took place and drag the price down from $10k to $8k real quick.

what make you think the bottom is 6k level? because of some TA? hardly it is the case...
I think that if we are going to fall down again, I mean if the falling is the trend, then the market will go to last year level - 3-4K
of course this is really bad, but that is real case scenario...

Well, I agree that this is not a conspiracy, but because seller panic quite strongly, as we all know that bitcoin has fallen gradually from $12k and penetrated several support area in past few months. And yesterday was a break support area again so that this caused tremendous panic so that traders were panic sellers right away and prices were going down so fast.

Most crypto is overvalued and the changes we are seeing are normal and expected in current conditions. Relax and enjoy the ride.

Why do I say this?

Every year people sell in the fall and winter and buy in the spring and summer. This is because they are liquidating assets for tax reasons. It's pretty normal.

Also, India and a few other countries are regulating cryptocurrency. This always creates a downturn as people sell, trying to avoid taxes and such.

I don't think Bitcoin needs to be 10k. It was over-inflated as it was used as a haven for tax dodgers. It's only people trying to profit off explosive unstable coin growth who are at real risk. Never invest what you can't lose, friends.

There is no conspiracy at all, and why would bankers and exchanges join forces? Doesn't make any sense. The only reason is that people just selling their bitcoin, that's all. We can stop them from doing that since we are in a free market.

So stop with this whole conspiracy scenario, it all speculation and there's no proof of such actions. Maybe we are really in the oversold regions in the last two months or so and more likely investors just decided to dump and probably go buy when the price is cheap again.

Yeh this all seems to controlled for my liking, it does not compare to 2017 where it "naturally" seemed to climb up the mountain.
I dont know , it is just strange. the price goes up or down but it seems to simmer and stay hard or soft with small 10-50 dollars movements. we do see swings of 100 or slightly more, but thats what i mean, at times it just seems to hold to tight with no oscillation, but more like a small flat square wave.
It is just sad to see, its almost like watching sports where some or even alot is always seemingly fixed ?
comments

I like it when people consider normal market behaviour "a conspiracy". ;D
The bitcoin price was staying at 10K USD for too long.It was obvious that there wasn't any support coming from new buyers to push the price up.Everyone was waiting for Bakkt to bring the new bull run,but that didn't happen so everyone is selling.That was explained many times on the forum,but the newbies don't understand it and they keep searching for a conspiracy theory.

Your explanation gives me more room to understand. Thank you.

The trade war has been actually going on for some time now and I really doubt that it's the cause of the recent slips. People would rather buy gold and maybe Bitcoins during the trade wars and that would make Bitcoin spike instead of it going down.

Its not always the case for me. TA's doesnt always work, lets say TA's are 60% accurate. Now, I'll find the remaining percentage from the news and speculations to make the price analysis gap closer to whats expected.

I read an article about the price drop today, some predictions says that the bottom for this fall is $7.5k. I have feeling that the price would continue to fall closer to $6k as there are still people who would sell their remaining asset to cover the loss (panic sellers). On the $6k mark its a good entry point for a lot of people to accumulate more Bitcoin. Then, that would be the start of the price to rise again.

Thats just my personal analysis on the current market movement today.

There is no conspiracy here or any drama or events that lead to this drop, it is just the nature of the market and how it works, bitcoin has been going at it for quite a bit and the price was sitting at around 10k for a couple of months now and it was time for it to go down, and that comes from the lack of support not just from investors and projects which have been minimal this year and also from simple traders that don't see or have any motivation to  do so, but this is probably gonna change as we get closer to the halving next year.

Conspiracy theories again, I really can't understand you people. Every time when the price goes down some dark forces are to blaim and it's funny how we don't see such theories when the price goes up.
It's just price correction that is part of volatility process and probably conditions on.the market that lead to this correction. For some longer period of time we had relatively stable price then slight rise and now it droped. And this has also nothing to do with launching of Bakkt, it's just time coincidency.

Even I am pretty much confused about this. From last 6 months what we have known is that BTC prices fluctuates because there was a lot of bad news and because the Bakkt futures were being delayed and delayed by SEC. So what I expected was when the Bakkt futures be launched price would actually boom. But now when I get the new that they are approved BTC hardly marched a bit. Then after a day or two I heard another exchange trying to come into Bitcoin futures get it's decision delayed so BTC now is again going down. Well it's too wierd that BTC goes up without any good news while falls imminently with a single bad news. This is a complete conspiracy in itself.
I am not saying this just because price has fallen I said this even when the price skyrocketed like anything. Bitcoin is a pure manipulation done by some big whales.

It was expected by some traders and analitycs. The gap at level 8400-8600 should have been closed. Many people spoke about it.
There are no gaps under 8k, however support lines is quiet weak and unstable. If fundamental news will be bad, I think we can dive deeper, below level 8000.

I wonder why is this a big deal to everyone, we all know that this market is very sensitive so for me this is normal after hitting a big strike upside the next one is always downside, I see this as opportunity to other traders.

There are many conspiracy theories that are really going out from the mouths of people but I say we dont know if those are true. Though we are really on the bearish trend and some would say that the reason was because of groups that wants to destroy bitcoin while some because organizations wanted people to be discouraged in buying bitcoin futures contract at bakkt. We do not know if this is true or not but one thing is that bitcoin will not be destroyed and a market crash is just normal in the market economy. But compared to 2014 bitcoins the recent value is still higher so there is nothing to worry we will still go back up again.

You are absolutely right. But you know, that it is always when price fall or grow, most people begin to cry :) even those, who has not Bitcoin at all. So it is usual situation, and we shouldn't put a lot of attention on the panic in social media, forums, etc.

Actually this is a common decline, so I don't see it from most people because they all know that this decline, is the play of all the popes, so we'll see until next month, is there any strength in all markets even though it's sensitive ...

This explanation is quite logical. In any case, for the current drop in the price of Bitcoin, one should not look for special reasons, Bitcoin cannot stand still for a long time, it either starts to rise or fall in price. And now I do not think that such a fall will be too long. This may be a normal recession before the next period of good growth in the cryptocurrency market. I still have high expectations for the last quarter of the year.

The reason you gave is true, there are also analysts who say this one that caused the price of Bitcoin to fall in the last few days https://www.coindesk.com/bakkt-is-finally-launching-its-bitcoin-futures-today-heres-what-to-expect.

I think this worry is natural because everyone has a different level of emotional control.

As you said, there are various potential reasons. I don't think it's retail investors, bankers or institutions, though. I got to mention that I am not a conspiracy person, and this might explain why I reject the rumors you've mentioned. I believe it's a combination of factors like natural volatility/correction after a long time of $9k+, Bakkt launch, a big transaction on Bitmex and some other things. Not to mention that these can be considered the primary reasons, but the secondary (in terms of chronological order) reason is almost always panic selling, so it's the community to blame, really.

When there are no visible reasons people look for conspiracies but maybe there was none?

Bitcoin was slowly falling for months and it was clear that it would fall. The same thing was happening when we were at 6000. We were hitting the floor and going back up to get rejected and after a while we broke down. Some big investors gathered some money and set up shorts at 9000 at the same time dumping over a million dollars in a single transaction to break through the floor and make money. Easy profit.

There was no bad fundamental news for months. Last time there was something big happening it was when there was a war between BCH and SV and threats of destroying Bitcoin from Wright if we can even call it fundamental news. It sure scared some people ;)
Fundamentals are strong and I don't see us continuing down the 3000 dollar path of the last bear market. If we don't continue then what? A long consolidation and another breakout in Winter?

no wonder anymore. easy come easy go. and it has often happened and usually the price will rise again but do not know when. what many traders might do right now is, continue to buy at low prices and be active on the market chart to avoid losing the opportunity to buy at the lowest price. bitcoin is always like this and many factors are not clear what influences sudden and drastic price changes.

Honestly, I am at loss on what could be the reason for this drop in the price, but everything is just speculation but it's always been a reminder to me how volatile is the market is, and if you invested what you can afford to lose then you can just sit tight and relax and get on with the thought that things will get better.
There are positives and negatives news hanging around, the best thing that you can do is to read it all as investors you have to live on speculations.

Every time btc's price fall it doesn't necessarily mean that there is a big thing behind it. C'mon guys, it's normal. If you think that market seems got a little bit steep downfall recently then it's maybe because of the elite whales, who knows? Don't believe so easily from those rumors/conspiracies/talksh*ts or whatever your term for it simply because their uncertainties — they are not considered as pure facts. Remember that not all of these news (even the good ones of course) could be manifested on the market.

Same concept when Bitcoin jumped so high there's also uncertain reason behind not because of any news that spread or rumors that being leaked, it must be judge according to how you believe and how will you adopt certain movements, bitcoin cycles and most of the time those who are not ready to suffer are the losers as they can't handle the pressure and lead them to sell out with loses being accepted. Think wider each time you lose your position and make sure to comes up with a much better plan before deciding.

Bitcoin price movements are very difficult to predict.  There are no definite positive and negative sentiments and can move prices. There is only demand and supply with limited supply.

So naturally there are only investors who can get rich overnight but the next day instead fall into poverty because of freefall prices.

It just feels like every movement in price of btc either up or down some people think there is a reason behind it, I haven't been in crypto for such a long time but am getting use to seeing how the market fluctuates at given intervals, while some are not happy to see this fall in price,  others are happy to take advantage of it.

Please get me right; I'm not saying that retail investors are guilty about it. However, I believe that the fall *could be* caused by retail investors.

But sometimes, I find bitcoin price predictable. Just that I didn't see this one coming. But I know that a lot of people out there knew it was gonna drop.

yeah thats also what i observed   . not only if the btc value dumps but also when the value of btc pumps , people will always research and make a a new thread about it  .  people are just curios and they want to stalk every moment that happen towards btc , nothing really wrong with that behavior  .

really ? with that ability of yours , you can open up a paid service about price prediction or you can just do it for free to help people to avoid doing mistakes  .  not all have the same minds , not all have the same goals  ,  so its normal for one person to complain about the fall while the other person will still complain about how good the fall is  .

People say a lot when bitcoin drops. And it's a bit tiring to listen to what they have to say this time. Several factors may have caused the recent, i'd say minor, decline. It's happened before for some other reasons as well. But it's a process or a cycle. Everytime btc drops, there's recovery. So i don't worry myself anymore. Conspiracy or not, or whatever. I believe in bitcoin being a tool for the future.

All of these factors you said are true. Volatility is the main problem of Bitcoin, so it is okay to see such a fall in a short period of time. The trade war also slightly affected the fall of Bitcoin. But, i have one question: Is this Bitcoin`s drop critical or not? As for me, it seems like the end of the bull market and the beginning of the bear market and Bitcoin will not be able to recover and get undressed to at least 10k now.

Please be guided that volatility is one of the asset of bitcoin and it isn't a problem. Comparing to stock market bitcoin is absolutely volatile that can change its value with in mere seconds. It is the asset that setting it a part from other markets , Decentralization is given though.

There are many threads here about the prediction. Check it out , you wont lose anything  ;)

I hope this was the cause of a sudden fall in the price of the BTC this month. furthermore panic sellers are everywhere thankfully only a few of them sold their Bitcoins within these past days.

There is some rumor too that they panic because of that big amount of Bitcoins being move at once by some unknown address were in their opinion comes from big exchange and some people says it has nothing to do with the sudden drop.

But as long as those people saw the result with their own eyes they panic to sell their bitcoins which result in a big price drop this month.
No one knows if it gonna come back again to 10k+ or not.

Bitcoin price is at $10,000 for so long and there is no new news about bitcoin, so there is also no support for buyers to buy bitcoin more to build a new high price for bitcoin this year. Everyone is just waiting for something but there are no new comings. Maybe some others who hold their bitcoin for so long, sell some of their bitcoin because no improvement is happening.

i think we met to get much below by now but the market whales makes it pull up to that level and this is it has to do some correction instead of having real bull but we are in hand of another bear which was cause by manipulation.

Thats still a conspiracy,no one has proved it yet.Dump and pump always do happen unexpectedly in no particular pattern,so fall of price this 2 consecutive days is pretty normal i guess,theres no need to worry about a thing on that happening since were been experiencing that for many years now

Read an article where people are attributing the downward spiral of Bitcoins to the fact that Facebook Libra decided to postpone it's launch and even Zuckerberg even said that the recent bull run of Bitcoins was because of the news that it was launching this year and I believe that this is logically a sane explanation.

I made a quick pattern analysis and found these

Through 15 January 2017 and 15 November 2018 which makes 11 months, btc dropped from 12k to 6500.
Through 15 November and 15 December 2018 which is a month, it dropped from 6500 to 3100 ish that is a 50% correction.

Now lets come to today
through 20 June to 20 September in 3 months, 14k to 10k
so, this pattern, if applicable, a faster version of above, we may see a 50% correction again in 1/11 of the above
so, 3 ish months/11 is around 9 days. We may see a correction to 5k in 9 days. after this correction, we, again, might see a climb to higher than 14k.
 
surely there are other factors that should be checked but this is only for a same pattern.

The last thing I want to see now is the btc price of 5000 usd. Many said that the BTC price this year will be again 20,000 USD, I don’t believe in it anymore.

That is the nature of a market my friend. Prices go up and down, you will encounter all kind of accumulation and distribution periods until you start to be confused, but then you start learning from mistakes and apply those lessons. You need to learn to read the charts - the psychology of people trading in the market.

I don't think there is any conspiracy, but I definitely think that institutional investors are yet to make their footprint into the market. We already see Bakkt exchange volume raising but not even close to what I expect. The good news is we don't really need them into the market. All we need is more buyers than sellers.

just because Bitcoin fell a lot in one day doesn't mean there's a conspiracy. It can rise and fall because the market is still relatively low compared to other global markets like stocks derivatives etc. actually there are many billionaires who can sway the price of Bitcoin significantly with their own personal wealth if they wanted.

Yes, i agree with you. I am waiting for 15000$ but bitcoin price never up 15000 after 2017.So Everyone wait for this moment when back to her place but i think its impossible last 2 years bitcoin was  13,796.49 USD high and $3,191.30 USD low . Most of the we see that most people sell their bitcoin when its panic time and many organization and country want to destroy and ban bitcoin forever as a result bitcoin price down 4000$ below.So need strong support bitcoin to back to her place .

well, I just made an assumption. Technical analysis, as most of us know, it gathers the previous data because the pscychology of investors repeat. So, there are plenty of patterns and indicators, who knows which one will repeat. This is not a financial advise, I am just checking if my assumption will be correct or not.

The bear market will end, but we don't know the right time. Bitcoin drop in a few days ago will not be a problem because soon bitcoin will be rise again. I believe that bitcoin can increase higher more than $10k, and bitcoin will make the new highest price again. The fallen of bitcoin price yesterday is only an adjustment that always happens with bitcoin price. So we only need to stay calm, don't panic while we can keep analyzing the chart to find a good price to buy more bitcoin. But we don't know if there is any conspiracy between the whales because we only see that the bitcoin price was down deeper now. It is hard to check for the conspiracy, and I think we need to be patient for a while.

People believe so, they are always confident to say "Bullrun is coming soon!" without knowing when it will happen, for me they are just trying to cheer their investment loss. Poor that a lot of people are just rely on their beliefs and not really want to learn what happened, how to recover and what they should do at that time.

And conspiracy for me is just a bullshit. We should not believe any of conspiracy theory because all of them are just the words from sick minds. They are just for fun and not to believe.

No conspiracy are formed because this is just a normal event on bitcoin days or even months of consecutive dumping and then pumping afterwards you should be used to it if youre into bitcoin industry for long enough.Bitcoin is volatile and that's the effect of volatility

Some says it was something to do with the war between China and America, which it is the effect of the trade war among the two countries. Some says that it is nothing to do about the conspiracies that people make everytime there is a decreasing rate of the price of cryptos. They concluded that it is because of the momentum of the price and it is just the price correction that is part of the volatility process.

I also felt that it was the reason. Bitcoin's behavior is whenever it is stuck or stable in a specific level price, sooner or later it goes down.  And it might be connected to the downfall of IEOs which it's number of participants has now declined. But if my bet is true that we only rally because of the rise of IEOs then it will be very ugly for the market because even Binance's pump machine does not work anymore.

It's funny how many people make a well-detailed conspiracy and theory trying to connect the dots of recent world events, And it is not even technical analysis. Can't we just sit? we've been with bitcoin for almost a decade and still getting surprised when price moves. Prices move because of speculation and that's the core of the market which greatly affects the mind of traders and hodlers. Fluctuation is normal, don't be too anxious about it.

By saying that, I think that will give hope to them so they can try to prepare for the coming. They will always say that to cheer themselves, but some of them really believe that things will happen soon. If there is a conspiracy happens, I think that will not take too long to change the situations because now are smart to analyze the cases. If they see that the price is down, some people will not panic.

And related to yesterday, today, the bitcoin price has increased and touched more than $8k, and that is a good sign to us. I think soon we will see the higher price and who knows, in the rest of this year, we will see a significant increase from bitcoin price.

And then bitcoin increase, is there a conspiracy as well? Lol.

As others have said, the market is full of surprises, one day we panic when we see the price suddenly flash crash and then today we see 3% growth, so is everyone still shock by the price and blame it on conspiracies that the media is trying to picture?

We as crypto enthusiast should isolated those conspiracies or whatever and do think logically.

Trading is both way up and down short and long
I remember long 1000 K green candles that time nobody was talking about manipulations
i think it is better to consider last dump like a healthy correction and kind of opportunity to enter in bitcoin

Or maybe the bitcoin price got pumped by the whales with the intention to lure people in and then dump the coins.
I know there are lots of theories out the but I think it was an artificial pump since day one. 

If there is a battle of interests, in any market retail investors will always be victims. I don't know because the price of bitcoin is falling but in my opinion we can take advantage of the decline in bitcoin prices by buying it because there is a prediction from experts that the price of bitcoin can reach $ 25k

I agree with you, many people want to know why Bitcoin dumped but never want to know what makes it pumped. Pump or dump is very common in trading field but seems like most of traders, no, most of people always want Bitcoin price to keep increasing and they frequently try to connect bearish market with conspiracy or manipulation.

This seems to illogical in my view and I don't believe the last thing will happen as we are almost in the last quarter now and BTC is dropping again which is not a good sign of betterment at all. BTC Investors are desperately waiting for a right time to sell their holdings for a good return but anything can happen because BTC is volatile.

I think this price reduction is related to the trade war between the US, China and the countries concerned. In my opinion, this is a good sign for new investors to enter this market. The value of BTC will increase sharply in the near future, very soon.

I disagree if it is said that the decline in the price of bitcoin is due to trade war between U.S with China. A trade war has been going on for almost two years. And I don't see any connection between trade war and the current decline in the price of bitcoin. Bitcoin prices are moving lower due to the absence of positive sentiment that lifted prices.

Why does people's mind set to make doubt on a normal situation? From 10k mark down to 8k there is already a conspiracy? That is volatility and people here should know that. And how you come up with the conclusion that the price always moves at night? There are lots of things to consider and there are lots of people, organization and whoever uses crypto contributes to the movement of it. Dont be alarmed when the price drops because there are also people who are waiting for this moment for them to buy.

You just hit the spot mate!
I acknowledge the volatility which is why I am least worried of the current fall in bitcoin's price.
I was just waiting for people to bring out hillarious reasons as to why bitcoin's price would have fallen.
By the way, the 'hashrate chatter' was the most hillarious one for me this year  ;D.

why is it that when market or btc fall is why we used to see lots of complain from pple but if it pump then we have lot of positive vibe but every good trader should know that market works in both direction and have to be followed when necessary not thinking its all conspiracy while i even feel that pump is the most conspiracy thing we had seen in market.

A routine cycles coming from the whales who have a broader knowledge regarding to this business. It's not related to any trade wars as you mentioned that this issue was been there for almost two years. The relevance of this decline from the whales movements are much closer to possibilities rather than the trade war issue. Big holders after shaking the market will start to buy back and lift the value to rise again without any notice from spectators. hold tight and wait for the time of the bull.

Come on mate, I disagree with this when it comes to business they bend down their knees and relationship bonds become stronger this might be a manipulation from big whiles to scare panic sellers. Because there are lot of possibilities the market might go Higher in the last quarter as most of them prefer to buy on Christmas season.

I don't think there's an exact conspiracy behind this event. There are a lot of factors that affect the price of bitcoin, and this can either cause it to increase in price, or cause a depreciation. Many believe that one invariable factor that also leads to the fall of Bitcoin is when weak investors sell off their coins maybe as a result of fear, or what not. This will definitely result in an ultimate fall in price. I really do not agree with the idea that the war between China and the US is what is affecting the price.

Well,  that is what will come to the mind of some fast thinkers now, because why is it that all these while, it did not happen, but when bakkt was released and we expected it to do something was when the price crashed deeply and was like the bakkt caused it, which is also why Facebook need to choose the perfect time to get into the market because this could also happen during their own time to just discredit their project, but that is just the believe of some of us anyway.

It might just be a coincidence and maybe it is the usual correction that gives the opportunity to traders and investors to buy at a lower price again, but whatever it is, it is still a blessing to us that we are able to buy cheap again no matter the amount we can buy, Something will still come out of it.

Personally I don't see conspiracy that brought down the price of bitcoin but, can loudly say that; bitcoin fell because of the bakkt launched platform that has not affected the entire market. This has made many weak hands to sell out under the effluence of panic, and here we are with the price dwindling down.

There are no conspiracies regarding the fall in price of Bitcoin. The market is just unstable at this point, and that's just what it is. It is most like going to spike up again, in a more stable condition. A lot of weak hands are probably just dumping the coin, hence the fall in price. If we could have more hodlers that would really help the market condition right now.

Why the time of the day is relavent here?
When you have night other places have day.

On topic of conspiracies and speculation on btc price, heard some wild option- BTC fell because of the rumors of quantum computing that it will soon decode btc easily, I personally dont believe in that.

what do you think is the reason?
If you are thinking too much i will tell you something.
Every time bitcoin falls a large amount it gaing doubled.
Now! if this will affect you then it is good! you will earn more from this!
As long as BTC is not going up then buy now!

you got it! lol if every up and down movement will be connected to conspiracy theory, i dont think we will ever go this far. this is just a usual market movement affected by various factors surrounding the crypto community. nothing extraordinary or miraculous event is happening!
 we all know that crypto has very volatile market, so we should not be surprised by this inconsistent price movements.

It is very broad when it comes to the factors affecting bitcoin now, what you've said about the trade war between China and America might induce the influence to other traders to sell their bitcoin and to buy altcoins or even cashout. Massive events like these is just one of the factors that we can consider. But right now, we shouldn't be afraid, bakkt's being launched will be a big factor for bitcoin to bounce back and turn the table in its favor again.

I'm very surprised that people will see a demand and supply problem or situation of the Bitcoin market and just conclude with a conspiracy story or assumptions.  People don't really understand anything about the entire nature of the Bitcoin market portfolio...

It's simple, they just want to buy Bitcoin, and when you buy Bitcoin the smartest way to do it is cheap, that's why the "Shorts".

 Who buys and increases the price would be crazy, because then the price would fall and it would become a loss. They are only hunting "Stops Loss" of many positions and taking advantage of the offer that is in low price levels, after this happens, the price will rise only and effortlessly, it is the Law of Supply-Demand, no conspiracy of any kind, It's Trading.

Panic holders always find reasons to justify their actions, thinking that from each market movements they need to find things to give a hint to make a decisions.

You don't need to follow them but instead go to the other side and wait for the bounce back, most of the time after certain fall market recover back and bring much better value. You should trust your own observation and worry not to continue surviving inside  this industry.

It's just a chain effect of the previous downfall we have experienced. Some holders having panicked and sold their bitcoins and that's where the supply and demand kick in. More sell orders we can expect that bitcoins price will go down for sure. There's nothing to be scared about its just a normal day for us.

Conspiracy big investor and company want to make bitcoin dump and panic selling from many people, they take moment to re investing with bitcoin on lower price hold for several week and bitcoin back again to higher, always have conspiracy between investor and company want to make drama with bitcoin.

It would be foolish of people to actually fall into this type of conspiracy again, two types of conspiracies that many users ought to have leaned by now, is that one that creates panic, and the ones that causes FOMO.

Most people that usually use this panic methods are just whales, they want to crumble the price so that they can get the opportunity to buy at lower price again which they usually do succeed, and after they have bought at lower prices, they tend to pump the coin again for those that will fall for FOMO, so that there can be rush for it to be purchased, thereby leading to an increase for the whales to gain some profit, but I think as a knowledgeable investor, we ought to have really known this and not to be too quick in taking actions without thoroughly studying the market first.

And the wise reaction is to remain reasonable despite what is happening to the market. Reacting with emotion will only make the picture cloudy and will end up with a bad decision. The problem is that many Bitcoin owners panic when there is a sudden fall. And then they will listen, read, and even believe in the conspiracies created almost immediately following unusual occurrences like that. Which are nothing but hollow stories. By the time there is a recovery, news will shift into a positive tone, and many people are now feeling that there is an upcoming bull run and they will develop fear within themselves and will then buy back with a more expensive price. This is the reason why many are becoming sheep.