south korea is not banning bitcoin, but why the bitcoin price is still falling?

[MuhNofa]

I suppose the bitcoin price keeps going down because a lot of people are holding panic bitcoins because of this very fast price drop then they sell all the bitcoins they have because of panic. they fear prices will continue to fall and cause a deeper loss

[ShadyMash]

i think that is not the reason.India media spread a false news,bitcoin is illegal.so Indians and other countries who hold bitcoins sell their bag.because of that bitcoin going down.And also still rumors spreading about bitcoin is ban in south korea.people who don't do any research before following any news sold their bitcoins to smart buyers.i think bitcoin is rising little by little now