Does bitcoin fall need a reason?

[Oasisman]

Bitcoin fell sharply today, and then the media issued a number of bad news. Although it is not known whether it is directly related to the decline, the market sentiment is not good.

And what kind of bad news have you heard that made you think It affected Bitcoin's price?
There's no bad news that affects Bitcoin's price decline If it does not get enough attention from the people.
What happened to the sharp drop that you mentioned is that people are actually selling after breaking the strong resistance, which kinda normal everytime Bitcoin had a huge gains after 24 hrs. Simple as that.
Bad news and any other news coming from random articles doesn't dictate Bitcoin's price.

[rincoeng1986]

there is no cause for the sharp fall in the price of bitcoin yesterday, the negative info is still a little quiet. it seems that many investors are surprised. maybe yesterday's drop was due to big investors selling so many bitcoins, causing the market price to dump everything. I was surprised that the market price suddenly fell.

[Mr.Scott]

Relax dude. Take a breath, nothing to worry about this fall/correction. If you can't handle this 10% corrections, you don't deserve 100% gain, saying comes to mind. 10-20% correction happen during last 2 days! I admit, there are few are struggling about keep their emotion in control.

Stay alert consistently, in any case it's extremely regular you'll miss the dirt target.

[swiftbits]

When the price goes down, we see bad news, but investors make fun of the situation since they know it's just a phase of the market situation; some urge people to buy more since they can buy it cheaper. The huge fall is surprising, but we will recover soon. More events can influence the market as the community grows.

[sujonali1819]

I will not say that news does not act as a price dump and rise. It must act as a role of dumping and increasing the price. But that not much what everybody think. Lets imagine about a news that a big popular exchange got hacked. Do you think this will not affect the market? Obviously affect.

But we always searching for a bad news this is not actually we should. Most of the time it makes correction and it follow the chart.

[irsykes]

It is true so people know what cause bitcoin down, like when dumped recently. My friend said "SEC vs Coinbase" then others will discuss what happen about it, i think if bitcoin price dumped really much, usually there are something behind it, and it is all depens on us. We are weak or strong hand so we are not really affected with news that come to bitcoin which still we use as investment.

[Pulsar77]

There isn't any reason needed for a big dump in Bitcoin price. As we all know already, Bitcoin price is also volatile like all of the other coins in the market except stablecoins of course. Bitcoin doesn't need to get affected by any news or action to fall sharply or increase quickly. It includes a high volatility in itself which causes to see sudden big movements in even short time periods. It was still shocking to see that the incident happened in less than an hour.

[Yamifoud]

It becomes common to see people in a panic state once hearing bad news. I'm in that situation before but had to change it already as I understand the volatility of the market. For the newbie, this was really a big deal for them, it could be the real sentiment in the market and having to see the dumping scenario.
It should have the reason but what I see for this few decline, this was just a short market correction, don't worry as the recovery will surely come next.