Bitcoin Forum

Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.

Not one, but there are many factors that affect the prices of these volatile crypto coins. Moreover, the FUD that media creates in the minds of the people., creates panic throughout the community and leads to a disturbed atmosphere. Such kind of panic is completely disgusting for everyone else in the community. So now your question what causes the fall in the price of the bitcoin...the exact reason cannot be predicted, because price changes is the result of various market factors affecting the BTC price, so you cannot just fix responsibilty on one stupid reason!

none of these are exactly cause of any meaningful size drop. usually the panic sells are only contributing to part of the drops ins small percentages but the drop itself is initiated for other reasons. and all of these things will only be a factor for short term not the long term. for long term the demand is still there driving the price upwards and it will be like this as long as there is increasing demand.

Depending on how bing the panic selling is, it could only affect the price by very small margins, in the long-term, panic selling doesn't actually cause the price to drop. Besides, we're at the point where the market got rid of a high % of panic sellers so there's no fear that they'll tank the price in the future.

Depends on which exchange got hacked. For instance, if a korean exchange got hacked (something that's been happening very frequently this year), it would hardly have an effect on the market. The story would be very different if a big exchange like Bitstamp or Bitfinex got hacked since they're among the big exchanges in the cryptosphere.

Most of time they're nothing FUD and they hardly create the effect wanted by the malicious people behind them since the market doesn't seem to care about negative or positive news at this point.

Agreed. Demand is increasing each day. Bitcoin is simply usefull. In japan you can go shoping with bitcoin wallet only. Its also usefull as store of value in hard crysis times. Knowing that the average life expectancy for a fiat currency is 27 years i fill more confortable holding BTC with part of my portfolio. But we dont know where is price based on actual real world demand. How manny on invesotrs bought BTC during bull run only to speculate on it and will drop it as soon as they get bored of stable price or will dump it as soon as btc will drop below 5k. Perhaps real world damand will hold BTC at 5k$ or 2k$ or 500$ but surelly will. And increasing demand will push it up and up creating next bull run and bubble. But its long term vision.

The main reason for the change in bitcoin price is purchasing power, but purchasing power is affected by many aspects such as news media and whales!

Panic selling and other causes that you have said are not totally the mainstream of dropping crypto, that is the outcome of big whales work. Whales are repeatedly doing their works just to pull down the market drastically because they know that their strategy used is most profitable to them and that case followed by the demand and supply were bitcoin price either up or down.

Whales are the biggest cause. The price falls down when more people sell than the number of people who buy.
For that to happen we need to have couple stuff, when for example whales buy shorts they need the price to go down which means we will have the price going down from all the pressure sell from whales.

Another one is miners, miners do sell their coins to cover the expenses and frankly just take more profit however if they stopped selling the price would go up. This is the reason why people believe during 2020 halving the price will be really high because miners will not be making that much money. Basically if the sellers have a reason to sell than the price will go down, if we can keep the sellers from selling for a reason than we can get the price higher.

negative news, this is one of the factors that can make bitcoin prices fall. and negative news can also make investors panic sell, and this makes things worse.

This is a normal correction from a massive bull run and I am very surprised and impressed it has held above $6k to date. Since it's doing so much better than I would have thought, I'm starting to think maybe I'm wrong about sub $4ks next year.

Many factors why bitcoin still dropping the value. And I think most of the reason is the panic seller who are selling their bitcoin even they not get back their capital. We can do a lot of factor to pump again bitcoin not to drop.

There are so many given factor here in the forum that makes bitcoin price fell down, panic selling is a common thing if there are people spreading FUD around the internet and most holders would just believe that certain negative news,

The banning of certain countries sometimes doesn't have a huge impact well it will depend on what country ban bitcoin if that country doesn't have much attention with bitcoin and there are just a small portion of people that hold bitcoin within it there is nothing to worry with the price because it would just slightly fell, But the issue of hacking has certainly a huge impact on the price, with the recent news of over a billion USD of amount of bitcoin that have been hack in an exchange made a huge crumble on the price, And back then the speculated floor for bitcoin had been penetrated,

And lastly, certain factor for the price to fall a huge sum that is not in your list was when whales would sell their bitcoins or exchange them to other currency this is something that will make the value of bitcoin shrink to a huge sum, Because sometimes not only 1 but a large scale of whales would just sell their bitcoin,

The negative news are spread by media but real reason for price dump is big whales are sell at continuously in the market so market was turn to oppositely. It is directly affect the many crypto investers and many new investors are stay away in suddenly so market was move to backward. Bitcoin is the only ruling community so once it was automatically others also move backward. But we have still chance to recover everything, legalisation of Bitcoin and adoption of many industries is best way to improve the Bitcoin demand so all the causes are forgot suddenly and all are move to positive response in Bitcoin.

The only factor that causes price of Bitcoin to decrease is lack of demand. Supply is higher then is demand at the price that was in past so price drooped and supply and demand evened at lower price. No we wait that demand comes back so price moves o t higher level.

Nah, if supply was higher than demand then price wouldn't be stable for 3 months. Try again.

the only reason for the last drop that bitcoin had in the initial 4 months of 2018 was the rise that it had in 2 months starting from December 2017 which basically was from $10k to $20k rise.

in other words we had a big and fast rise which led to a bubble and that bubble needed bursting. but unfortunately bitcoin being bitcoin when the bubble burst happened and price was corrected the panic sell didn't stop there and with the help of manipulation and other marginal markets and futures the price was pushed lower and lower until it reached the bottom 6 months ago and stayed there as the panic sell shrank away and the weak hands were flushed. and now we are at an underpriced state with a stable price for the past 2.5 months.

Mainly it was overpricing at that time, but also coming from all over the world news of government restrictions for using Bitcoin helped a lot in dump the price. We can not forget also about Facebook's ban on cryptocurrency ads, and that right after FB, this same made Google, Twitter, and Snapchat. In my opinion, that are the main reasons of panic in the cryptocurrency market.

His questions were not what happened in last 3 months. His question was what caused the fall in price of Bitcoin. I did answered him that and I also answered what will cause the increase of price.

Yes, that is the main factor in the decline in Bitcoin prices. The tremendous panic experienced by Bitcoin users because there is a statement about banning the use of Bitcoin so that the price of Bitcoin decreases. This is unavoidable because the price of Bitcoin is strongly influenced by the demand factors in the market.

All of these are indeed true and we called it bearish market in which when the people will panic and will lose interest to invest in Crypto currencies then it will make the real demand for Crypto currency investment to decrease. Hopefully the market will bounce back now so that the bullish market will take over making the people confidence of investing will come back again.

Many analysts and analyses are pointing towards good news and bad news or image of any product or about any product will directly affect value of that product.

But I think that it is actually demand rate that may reduce or increase with bad or good news respectively but the most prominent statement is to mention demand rate. The current price shows stability and this came as a result of the gap that has reduced between up and down movement.

  I think by the lack of demand is one of the reason of falling price about bitcoin. Maybe because of a high market volatility and struggling the risky bearishness by this long months. Whereas affect many people, lost interest and trust on investing cryptocurrencies. Hopefully bitcoin could surpass and start to pump up soon.

Bearish is something that comes around after a bullish movement. It happens everywhere and even in more matured markets such as stock as we are having it presently with the downtrend, except that the level of volatility is incomparable to that of the crypto space. However, we also have to understand that crypto space is not even up to a decade and the truth remains that each and every day things are improving. We may not be where we want to be yet but we are not where we used to be.

Volatility and corrections we see now are normal, and over time as the market gets more matured, things will get even a lot better, but notwithstanding, correction is not something that will leave the market.

The crazy thing to all these is that there will always be tremendous panic until people start seeing the real value in terms of usage in bitcoin and having their focus and mind set on that aspect. We all know how things have been in the past with a lot of speculation and hype going on, people getting greedy and then we all get some huge corrective phase.

Sure, this is a young market and this should be expected, which I believe in the long term, things would probably change for the best. Reduction in value though is a normal thing in every market and it is usually termed correction and people get used to that fact that this is not just something that is basically applicable only to the crypto space alone.

Basically when  there's something bad things happen, any stock market the are sudden price down  because of panic selling or dumping, but as for now I see the price stabilize or in equilibrium, hopefully this is the starting point, to launch back because of some improvements to security and other matters.

I think that the market was bound to go down with all that rapid growth of the past, but the fact that it's been almost a year is really disturbing. You are probably right that the reasons are not actually significant, it's mostly FUD and half-fake stuff or some ETF applications getting rejected and famous companies or people saying stuff. IMO it doesn't make sense, because justified price decreases come from revealed technical issues and perhaps some crypto (not ICO!) bans from major countries. The only thing that really surprised me and was good enough to make the price go down (though I am not sure it did) was news on 0.1btc being created out of nowhere due to some bug in the core. The bug was fixed, but it irreversibly changed my view of cryptos.

In my own opinion, the factors affect the cause of falling in price of bitcoin is selling, buying and investors. Selling if they continue to sell their coins it is the point that possible bitcoin price could be downfall especially if they were panic selling. Buyers some bitcoin users buy bitcoin if the price is in down they are just leveraging the price to have more bitcoin. Investor if we have more investors then it has a big chance to support our project and it will be success and popular.

we have also huge investors that controls the market. The BTC market price could not be able to go higher for the these investors would definitely make a way to pull down its market price. The cheaper the market price for crypto, the easier it would be controlled. If crypto market price is high huge investors could not move the market of that crypto for it needs another huge investment before they could do so.

Well I think what have you proven indeed can be the factors, but it's also can be caused by trend in the society. People are tend to 'have the same thing' in their daily activities or the same thing to keep so, the demand increase while the price is low.

Yep, the main factor are FUD and some other real information, but this is a natural thing in the cryptocurrency market. Until now the price of cryptocurrency is highly dependent on information, and some are indeed from developers who realize the concept of bitcoin projects. Bitcoin users will set prices to depend on information and even speculations made by others, so it does make the bitcoin price volatile.

This can make a person aware, investing is not as easy as others said. With fast price movements, it can make someone keep checking what is happening in the market so they will know all the latest information regarding cryptocurrecy so that every cryptocurrency investor will have good knowledge.

As far as I am aware of, the bug wasn't exploited at all on the main net. The bug later was stated to be more severe than developers initially thought it was, and for that reason it's actually pretty solid that the price didn't move.

The most important thing this bug taught me is that having one implementation account for +95% of the nodes is quite a disadvantage. Sure, not every Core node would crash in the worst case, but still an immense amount.

Too bad it didn't trigger non SegWit nodes to upgrade to newer clients. I really would have hoped it would bump SegWit usage, but with how certain camps intentionally 'block' SegWit it likely never stood a chance anyway.

What exactly has changed for you?

Most times, it is normal to expect that news will have an effect on the market, but the truth remains that there is no way you can obviously tell what really moves the market at this point since it is a whole lot speculative in nature than anything that has to do with real demand at all.

What we keep seeing everyday now is just some manipulators taking advantage of those speculations and people always getting greedy without attempting to know what the market is even all about and all they care about is to get rich quick, and in this case, we will keep seeing spikes and fall in prices.

It really shows that many factors affects of falling price of bitcoin. Manipulation, panic selling, also fuds and others affects the price. Whereas, those who did not believe the future of crypto got to sell even on lose of funds on their investment. Observe the price so you will know how bitcoin works.

The main factors that makes the price of bitcoin to fall is the FUD created by those big players like whales that taking the opportunity on the weakness of small time investors. Once the weak investors will get in panic selling this can easily fall due to lack of demand and the price will contentiously lower until such time whales will buy at cheaper price. I think this can be prevented if the demand will increase as more people will buy bitcoin and the supply of bitcoin will scattered around the world.   

There's a lot of reason which case bitcoin fall down. one of the big reason is spearing the wrong information and make peoples mind to left bitcoins.

these factors that you mentioned are temporary factors, then the price recovers, but the scenario that we have today is lack of demand, we can not close our eyes and ignore the fact that we do not have demand, people were afraid because the price fell a lot and because many governments and central banks are implementing disadvantageous regulations for bitcoins, altcoins and ICOs.

People just believe what ever they're watching on internet but we should not forget that not everything is true in internet community. Making fomo is the art of internet's people and media play roles in it. They just listen to government and search the fomo.

Observation is something that will only have to do with some certain level of understanding. However, the fall in price of bitcoin was also mainly as a result of the market not actually being driven by real demand or will I say at this point, driven by speculation which obviously we got to see people getting over greedy, hopping into FOMO like a frog and then getting beaten by the heavy down pour of sell spree in the market. It is just a normal thing though to experience in a market and even in more matured markets, it happens pretty well, so in my own understanding, I will just say people should get used to it.

FOMO must have played a big role in the falling down of bitcoin prices. Yes, when you are listening like bitcoin may fall down and you may get cheaper bitcoins then what you will do ? I am afraid most people from this community must have done the same, which caused prices to come down from $19.8k to $5.8k.

Yes it is also an important factor for the bitcoin price to fell down, but I think that there are so many other reasons, which causes the bitcoin price to decrease, specially the wrong news that some time spread out in the market which really effect the bitcoin price too much.

In fact so many reasons are there which causes the price to fell down, whales always effect the bitcoin price  but I think that the most important fact is that of the bad news that people spread in the market in fact they want the price to fell down so that they may find an opportunity to buy bitcoin in a low price.

In my opinion the factor that cause fall in the price is only manipulation. Now small investors understand that big investors which we call whales will never let them make money from crypto investment. Therefore they are quitting which cause decrease in market cap and as there are no buyers in the market the demand is also low. In this situation the price will definitely fall.

That is a frequent thing. When there is a negative news it will create a panic and this is what causes many people to sell the coins they have. The act of selling coins so simultaneously can reduce the level of market confidence and this will immediately impact on price reductions. So don't panic and stay calm, so the market conditions will be controlled.

Negative news from countries that have effect on the bitcoins and other cryptocurrency development. Negative news from a third world country will less likely have effect on bitcoin price than one from countries like china or Germany.

There is no specific answer to the question because no one can traced the real reason why the price drop. The price as of the moment since last month continue to be stable (there is no big changes about the value). So, what can we say about this because people continue to make transaction but the price still stuck at $6k plus.

investors who are new to bitcoin will panic when the price of bitcoin falls and will sell their bitcoin for fear that the price of bitcoin will continue to fall. This will make the situation worse because selling bitcoin will make the price of bitcoin lower.

Wrong information or news is just part of the market and the reaction of each and every one to it, will only be dependent on how they are able to verify every news, but I would not say that is the main problem for a fall in price here as that could only just be one of the few little catalyst but not the major one.

The major one is the fact that this is a speculative space and a lot of people do not even understand what they are getting into as they just do things blindly. Look at the FOMO last year, the market got out of hand with an unsustainable demand, and then just like that, the whales started cashing out. That is basically just how I saw it.

A lot of factors happened to bitcoin why the price last 10months ago and until now decreased because of the panic selling of the bitcoin. A lot of negative feedback about bitcoin that can cause other people doubt to invest to bitcoin and also banning bitcoin to different country and many more.

Firstly journey to the Moon obviously. After that we must go back for a while for a next episode =)

Any news whether good or bad doesn't seem to affect the market nowadays, it's just like the market is not yet ready for a bull run. Perhaps these recent news about bakkt and etf might help the bitcoin market to rise a little then it might be ready for a bull run. It seems that most of the economy whether stock or crypto are sinking, and that's why we are in a bearish trend.
I wonder how long it will be like this.

in my opinion the factors that can make bitcoin prices fall are negative news and the many ico scam, these two factors often occur at this time and make bitcoin prices fall.

Spreading false news to make  the holders panic selling their tokens even if they lose is one of the reason that Bitcoin's supply in the market increases and it's price will fall,and also the manipulation of the big whales can cause Bitcoin price fall and many countries now are banning Cryptocurrency has a big contribution to the market become bearish.

it is very difficult to explain this because of the factors that cause bitcoin prices to fall very much, but negative news is the main factor that can make bitcoin prices fall.

It is just quite unfortunate that those who tend to panic unnecessarily are usually the ones that get to lose out in the end. That has always been the plan considering this is a highly speculative market and a lot of people are getting greedy, wanting to get rich overnight, and so ignorant to even understand the market or even understand the risk, but they are just simply after how to make quick bucks.

This makes it so easy for the whales and institutions to tamper with their minds shake them off, and before you know it, they are back joining FOMO all over again. It is always that bad because they usually get to learn the hard way while some even chicken out saying the space is a scam without even considering how gullible, selfish and greedy they are to get a clear mindset in the first place.

Panic selling is caused by several things that you have mentioned, but it should be noted that the decline in bitcoin prices at this time of year is a regulation. Regulations from China, South Korea, India and others provide very negative side effects on bitcoin price movements. The three countries have large cryptocurrency users so they decide to sell every investment in the cryptocurrency that they have, and maybe wait for the next step from their government. Most likely if the country legalizes cryptocurrency then I am pretty sure the price will rise again.

There are quite many factors which caused the fall of bitcoins price and one of this factors is the mass media which gives bitcoin a negative publicity thus decreasing the chances of bitcoin in having additional investors so as its market value plummets its bitcoin holder also goes in panic selling dumping all their bitcoins causing it's market value to fall down also.

It is right that there are coins in the market for sale but no buyers which greatly affect the price. Until people invest in bitcoin or any other coin the price will remain the same and we will see no growth in it as we are experiencing it for several months. From the big dip in the price in this year earlier people are not interested in crypto investment and thus the price is stuck between $6000 and $7000.

We cannot blame everything to panic sellers, it is true they make the price to go down but that is not all, the price is also affected by the lack of demand and when people began seeing the price of bitcoin going down they decided to wait and stop investing, this simple detail pushed the price even lower since no new money was being invested in the market.

The moments we undergone last few months still at bull trap, which affected the price of bitcoin to fall down. However those challenges made every holders so strong on their growth with crypto, and I don't think people will be discourage at all but I think more people will be much interested with crypto now.

There is a big problem associated with fake news. One, it affects the good face of bitcoin and spoil it. Second, it destroys the trust factor of users and investors. They start losing their interest and faith so ultimately they start selling it. Definitely when you have invested your money in something, you must not be so careless about it. You have to take care of every risk associated with it.

Crypto has hundred different factors on its price but if there is hundred factors in its fall I have some hope of thousand factors in its growth. Be positive bro if you want to play along on crypto make sure you got a bitcoin in hand then play with it through trading, investing etc.

The biggest problem we have right now is the lack of people who would like to buy. I mean simple logic, if there are a lot of demands to buy bitcoin than the price will definitely go up, since we do not have any demand at all right now we do not have the price going up neither. This could be the biggest factor that causes the price to drop because we are facing a big stagnant market that is basically miners selling and whoever left buying is getting more.

Bitcoin needs more people buying and holding or at least spending it on other altcoins just staying in crypto space. Otherwise we are going to keep staying here for a long time without any decent movement. This lack of interest in people for buying bitcoin will always be our number one concern when it comes to the price of bitcoin.

We have many bad news this year and that has affected bitcoin and cryptocurrencies market.  The banning by various governments and institutions also affect bitcoin pricing.  Some of us has carried the news and spread false information about cryptocurrencies and bitcoin of this news investors are dumping it.

It's the nature of this technology and we can't blame them because people will take advantage on the weakness of others. Sooner with those panic sellers will realized what they did and have now courage to take the risk to survive. People will change base on their experiences I just hope that.

  I believe bitcoin's price fall because of lack of demand and supply. And maybe it all about with people who are spreading inaccurate FUD that can trigger some people to leave in crypto world.

It so sad that some government authorities and some business institutions haven't given support for crypto. Ain't gonna be good time for crypto but still everyone's will hoping for the better future on these. It could be a big challenge for us and it will be more challenging everyday.

There are many factors that can affect the price of Bitcoin and one of the most influential is the demand factor. When more people need Bitcoin then the price will tend to increase and when fewer people need bitcoin the price will decrease. This is a demand factor that affects the market significantly. In addition there are several other factors, namely how Bitcoin give effect to the global financial market, when more and more companies are receiving financial payment using Bitcoin then it will give a positive impact to the Bitcoin with significant development direction.

In my opinion, there are some reason for dropping the price of bitcoin. Besides panic sell, fake news is the another major cause for decreasing the price. Demand is also plays a great role here. We should support bitcoin for improving it's condition.

The main reason for price dump is the whales are playing well in the market so no one predict the recovery possibilities in crypto market. Majority of the peoples are says it will going to moon in end of the year but date will be slowly moving forward and it is impossible to predict the future pump. We have still time to make profit in Bitcoin so buy more bitcoin in this market it will reflected in crypto market.

There are times as well when there is no significant news but then the price would suddenly go down. When the price goes up usually there is a news that is involved especially if it is a very significant movement but when the price goes down, there are times when you don't know any news that may be the reason of that change in price.

What you have mentioned are some of the major news that affect the downfall and if you are quick enough to catch the news then you would be able to be profitable just using this kind of news. Since there are different kind of trading then news base trading is still profitable especially in crypto market wherein news plays a big role.

Yeah, it started from the beginning of the year when Asian countries started banning the use of crypto and ICO and the news spread very widely and made prices collapse very deeply and the trauma made the market very weak and full of fear. so that until now the price cannot rise because many people are still hesitant and afraid

I have been thinking for some time about this and it is very likely that you are right, maybe we are in a bull trap, it seemed for the past days that the price of several altcoins were recovering and that we could get some of the money that we lost during the last crash and yet what we are seeing right now is the market of cryptocurrencies suffering a correction and so we are losing even more money now.

Many factors had affected bitcoin price to fall down recently, it can be trader's emotional aspect in managing his funds. Lack of patience will cause every person to distrust the current market. The bearish trend had also provide long term emotional changes for all of us, so that's expected to happen seeing price of bitcoin at certain level of dip. Many possible causes which I cannot enumerate them all here and maybe we should other people to give their personal opinions too.

People love to complain and to blame the whales about everything that happens in the market but do you think that they like the idea of bitcoin crashing so hard? They are the ones that are losing the most money with this, the average person in this forum is not holding even one bitcoin so they are not losing much, the whales in the other hand are losing millions of dollars with what's happening.

the lack of demand for bitcoin is due to several FUD factors, and the inability to manage bitcoin. well, besides that, some companies hold coins so large that they are able to make a bitcoin dump price in a short time. this also applies to other altcoins.

It may also looks a bit different: Someone wants to make panic on market and manipulate people psychologically just to push them to sell their coins cheap. Whale accepts that he will lose part of the investment at the beginning, but he is buying a lot more coins at a much lower price in a moment.

Unfortunately, people are acting wrong when the price rises and price decreases. As a result, we all suffer. And this is usually the case when the Bitcoin price is determined.

Only 3 reasons as far as i can see.
- Craig Wright and co. dumping a few of his coins.
- Roger Ver and co. dumping a few of his coins.
- A whole lot of clueless investors that are in for the quick money shitting their pants as a result and selling off their crypto to 'cut their losses'.

Those factors are all correct and based on my experience, these news popping out lately is nothing new and an obvious move from the whale manipulator to invest on bitcoin and other altcoin at a lower price. Unfortunately, the negative news always is shocking which brings huge impact in the market that causes a price correction or a downfall. I am used to it and I believe that most experienced investors also got used to it. We just have to go with the flow to manage risk and earn from it somehow.

The most factor is us who are the seller lf the bitcoin. But before have panic they have also other factor that can cause that and that is negative newe that can affect to people panic so that is the price decreasing the value.

If whales were not smart they will not be whales, they understand very well that in order to make money you need to be willing to lose money, but as I said that doesn't mean that they are not affected by what is happening in the situation we are seeing, if someone is affected by what's happening in the market right now those are the whales because they are the ones that have the most money invested in the market.

In past few days we have seen some huge bitcoin transactions, the most interesting transaction is the one from inactive address, more than 60k bitcoins were sent, worth over 250 million dollars. Now people are thinking what will happen, if this bitcoins are sent to exchange that can cause bitcoin price to drop more. Who ever is doing this is creating a panic, but sellers will always try to take maximum, so selling all amount sounds unlikely to me.
I see many threads about bitcoin going to zero, and similar titles, but that's nothing new, before couple years there were even more similar things, just hold, buy more and relax.

While panic selling is without a doubt a contributing factor, most people do not begin to sell their bitcoin as soon as the price goes down, panic selling is the consequence of a huge dip in the market, then people get scared and finally they want to get out of the market regardless of the consequences.

Dont just focus on panicking situation because we all know that manipulation is happening in crypto community specially in market movements.
We must not forget that panick is a normal reaction of investors everytime they see that big amount on value is getting into their coins.thats why i believe that this is the right time that small investors like us must get one stand tp hold so e can maintain the strength of cryptocurrencies

Panic selling isnt the major factor on why bitcoins value is falling but rather that is because of manipulation cause by whales  . they are the ones that have a large capital , thats why they were also the one that can easily turn the tides in their own favor .

Yet  those are only few of the known factors on why btc is falling but overall we should not worry at all because no matter how low the price can get , there is always a chance that the value can go up and recover because that is the system on how cryptocurremcy works .

Panic selling is important but it is not what makes the price of bitcoin to go down in a sustained way, people are not buying bitcoin, it does not get more simple than that, people are seeing there is not a huge potential for profits and they are deciding to leave the market and are not going to return until that changes or they have such huge losses that they are leaving the market because they were not profitable.

There are many things that affect prices in the market and not just manipulation. Indeed when certain conditions very possible manipulation occur, especially when the market is very sensitive. But there are many other reasons that make the market fall, mostly because fear and caused by negative news and speculation..

There are several factors behind the fall in price of Bitcoin.First of all the demand and supply forces play an important role in determining the price.If the demand falls the prices also fall.Another factor is how much investment is done in Bitcoin.If the investment is low then the price of Bitcoin will also fall.Is bitcoin is banned then also the price of Bitcoin will fall in the international market. Bitcoin is also considered risky because it is very volatile and it also has very high transaction fees.

But whales will sell their investment depending on the news circulating, if they receive a bad information and will interfere with cryptocurrency then they will sell their investment and make prices decline. But, what you need to know is that not all that has been done by whales will lead to loss or a negative direction, I'm sure if there is no whales in this cryptocurrency then ATH is achieved by every coin that is in the cryptocurrency at the end of last year it won't be big, bitcoin won't reach $ 20,000 as well as altcoin.

one other factor that causes the price of bitcoin to fall is the price manipulation by institutions or whales and this is one fact that cannot be predicted logically. Panic sales often occur when there is negative news and this will force the market price to go down and this is not good for everyone, be patient and hold your coins for a better profit