The real reason BTC price has dropped

[hridoyb]

Bitcoin supplier: "I'll trade you a bunch of 0s and 1s for $15,000"

Bitcoin sucker: "Ok, sounds like a great deal to me"

Next Bitcoin sucker: "I want to buy some 0s and 1s also but only for $13,000"

Bitcoin supplier: "Sure thing, how many do you want?"

Next Bitcoin sucker: "How about selling me 3 for $10,000 a piece?"

Bitcoin supplier: "Yep, pay in cash, please."

Bitcoin supplier: "I'm running a real deal special. I'm selling 0s and 1s for $7500 each"

Bitcoin suckers: "I'll take some", "Me too", "save some for me", "I'll buy 1/2 your stash for $5000"

Bitcoin supplier: "Sunday's Special 0s and 1s on Sale for $3200"

Bitcoin suckers all together: "We have already bought a lot at higher prices. We are only losing each time you sell cheaper. What should we do?"

Bitcoin supplier: "Hodl and buy more"  

There have many reasons for bitcoin price dropped. If anyone tries to drop bitcoin personally i think it's impossible so need to be negative feedback and rejected from any country or organization and most of the time price down for this type of news. Bitcoin was started down when China ban bitcoin and ico and some exchanger also than again sec investigated on the crypto market down.

[Sithawaka]

There may be many reasons for Bitcoin to drop but not one and what ever those reasons are they were products which was made by its users and I think at the end the real reason why Bitcoin was dropped due to its users misconducts because some holders tried to take an advantage from bitcoins higher price and sold there coins and some used Bitcoin to invest in other altcoins which made the supply higher than the demand among exchanges and these facts made a huge impact on Bitcoin price to drop