Does anyone know why Bitcoin is down today?

[jt byte]

for the same reason BTC was up recently: for no reason at all

There is always a reason why it goes down. But I just don't really follow all the things about bitcoin going up or down.
For me is just aside work that I can do to just make profit. So yeah there is always a reason, but not sure what.

[kerrang]

the reason for all this dump is

China whales. 

[tn211]

What I can tell you is that bitcdoin is just a roller coaster that you don't spec that it can go down or up.
For me doesn't matter if it goes down now. I am just holding my bitcoin for a long term.

[Oscoda]

I don't really know but I am curious too. What is actually a strategy to make bitcoin go up or down??
Because if we know than I will just try my best to make bitcoin higher.

[richardsNY]

I don't really know but I am curious too. What is actually a strategy to make bitcoin go up or down??
Because if we know than I will just try my best to make bitcoin higher.

In order to be a market mover, you need a good amount of fiat. Minimum of $500K in fiat and at least 1000 Bitcoins will be a good start. If you have that kind of value to play with, then you can make the price a little bit higher.

[Alubert]

I think it is the profit taking. The recent price rose from $320 to $470. So a drop of $40 is just a small profit taking.

[7Priest7]

Just curious.  Thanks.

Why up, why down? Normal things probably.. like everything else on market. I think this fall its not to big to be worried about. Lets just relax and see how it will be in next few days. I believe we will see 500 soon.

of course that it's normal things in bitcoin world, price of bitcoin changes 4 times in day,

sometimes it rises, sometimes falls down, and everyone have no idea why, it just happens day by day, sometime because of pump and dump, no need to be afraid

[Oscoda]

It not that low know. You can see that the value is rising slowly and that is very good for those people who already has made an investment.
And we all hope that it will rise for a long time and that more people can have some profit, because of Bitcoin.