Reason for Bitcoin price fall

[BitMaxz]

i think some whales are afraid too lose the chance to have money. that's why they pull it out when the price of bitcoin reach the high bracket price . when they pulling their money out of their wallet bitcoin price is affected because whales are commonly seen at the market and the market has a lot of part in terms of bitcoin price.

I think its not a whales its just a normal down fall of bitcoin and base in my research today about the news in bitcoin i think there's no reason behind it.
Mostly the news today are price drop of ETH and they are talking about ethereum will be fall at $13 usd again..
As i can seen almost all altcoin are affected from the price fall of bitcoin..

[Kemarit]

i think some whales are afraid too lose the chance to have money. that's why they pull it out when the price of bitcoin reach the high bracket price . when they pulling their money out of their wallet bitcoin price is affected because whales are commonly seen at the market and the market has a lot of part in terms of bitcoin price.

I think its not a whales its just a normal down fall of bitcoin and base in my research today about the news in bitcoin i think there's no reason behind it.
Mostly the news today are price drop of ETH and they are talking about ethereum will be fall at $13 usd again..
As i can seen almost all altcoin are affected from the price fall of bitcoin..

Just casual investors who want to get out early and don't want to be trap is selling their bitcoins. But I think their is a resistance now and we are going back to $2500 at the end of the day. Others may see this as perfect opportunity to get bitcoin and accumulate more. Aug 1 is still far, we don't need to panic and push the sell button. Altcoin is down as well, I just hope this will not be the trend of the whole of the week because we started this week at the wrong side of the bed.

[hotpassion]

I see almost all crypto currencies are decreasing now. When BTC is dip, almost all other alth coins are down too. I hope BTC price will be back to 2500 or above this price by end of the day.

[lionheart78]

I see almost all crypto currencies are decreasing now. When BTC is dip, almost all other alth coins are down too. I hope BTC price will be back to 2500 or above this price by end of the day.

Yeah I obeserved that bitcoin has been playing around this price.  Going down, recover and then staying in those ranges then going down again then recover.  I think  bitcoin will go back to $2500 plus soon.  There is a good even this coming july so I guess someone is trying to crash the market and buy back at cheaper price to take full advantage of Australia bitcoin adoption fever and the possible FOMO occuring among the citizen of Australia.  After this July comes the scaling solution event.  So definitely this big players knew that bitcoin will soar in price and wants to get more bitcoin in their stash in a cheaper price.