Why Btc price fall?

[avatar_kiyoshi]

Why price continue to go down? There are some notice ? It has lost any technical support? What happen? I'm not have idea about! Someone could explain the situation?

Simple, because there are some sell wall, so the price is go down.

I think people need Christmas gift, so they sell their coin for fiat.

[1715292362]

1715292362

[Amph]

because 400-500 range was not stable in any way, there is not enough demand there to sustain that value, it simple as that, 300-400 is more stable because of the opposite reason

it seems that people still can notl understand the simply demand&supply thing...

[nekochan05]

Why price continue to go down? There are some notice ? It has lost any technical support? What happen? I'm not have idea about! Someone could explain the situation?

There are no special reasons.It's just the market!More sellers than buyers.That's it.
No science and deep explanations needed.
That's how Bitcoin's character is. Type of rollercoaster and never boring.
What goes down will also go up again don't worry.

agree, no need to worry..
just be patient and enjoy our holidays..
we will celebrate happy halvening after new year eve..

[talks_cheep]

We are going to see 300-400 before the end of 2015. We are also going to revisit 150 in January 2016. Good news comes in late Feb, early March.

[kwukduck]

Why? Because the real price is around $50 at best.. when there is no fake pumping going on the price will lean towards that.

[actmyname]

We are going to see 300-400 before the end of 2015. We are also going to revisit 150 in January 2016. Good news comes in late Feb, early March.

It's highly unlikely to meet $150 in January. Why bother acting so bullish about February and March if you state that the price is going to meet such a low amount? At that point, something catastrophic must have happened. I doubt that people are going to dump to that level, unless pretty much everyone panic sells in the heat of the moment, which would only drive bitcoin away. It will take a lot of money and demand to revitalize it.

[Tmdz]

Ignore the duck.

Like the others say this is likely some normal after xmas sale, which could be a good opportunity to pickup some btc before things begin to rise or go through another cycle of pumping.

[ronaldo40]

I do not know, but I just predict, it is likely due to market deserted and many people sell bitcoin to go on holiday.

[Holdaaja]

Last December it went down too but at January it went back up.
So people just need money for xmas.

[anthonycamp]

evey year its this its christmas and new year of fiat then january btc going to be bought

[richardsNY]

Not sure why the price is going down, but I have managed to buy 1 Bitcoin at $410, and I am quite happy with it. Wanted to buy at bit more, but it's better to wait now.

[Xialla]

Ignore the duck.

Like the others say this is likely some normal after xmas sale, which could be a good opportunity to pickup some btc before things begin to rise or go through another cycle of pumping.

he is right. btc is now more or less investment, not some tool with real usage..is so hard to admit it?

[johnyj]

Chinese rates are lower, it is obviously manipulated by whales on Chinese Exchanges

[Pab]

we will see whan China wake up,If thay will see that like  a opportunity and buy,everything is ok
But if thay will sell,than very important support level is 380$

[randy8777]

i didn't look at the price for nearly a full day, and now i see the price was dumped to the ground in a matter of hours. this has to be manipulation. happy to see that it didn't dive under $400. that's the only good thing.

[helloeverybody]

i didn't look at the price for nearly a full day, and now i see the price was dumped to the ground in a matter of hours. this has to be manipulation. happy to see that it didn't dive under $400. that's the only good thing.

Could be just a lot of people covering to cash after Xmas,  or maybe even panic selling.  Its not the worst of dumps we've ever seen,  quite mild actually.

[Guido]

Why price continue to go down? There are some notice ? It has lost any technical support? What happen? I'm not have idea about! Someone could explain the situation?

if you're going to orchestrate a dump to levels you want to buy at and sell near the top, then do it over a period people can't get decent money onto exchanges ie: now

manipulation is all it is, minnows like us can do nothing, bitcoin is owned by whales. when it eventually goes to the levels we want to see it will not be on your terms, it will be on theirs

it is f*ck all to do with people cashing out for christmas lol
whales don't need cash for christmas and people that do own negligible amount of bitcoin, like you and me, and I wouldn't sell anyway, and what get it in new year?

hodl

[hexitor]

Why price continue to go down? There are some notice ? It has lost any technical support? What happen? I'm not have idea about! Someone could explain the situation?

Just another dump... Don't worry, it'll go back up soon enough again

[sakinaka]

It's a bear trap

[DaddyMonsi]

Perhaps for now there is not much movement of Bitcoins in the market, others are still buying Bitcoins but not enough to make such an impact to effect the current exchange rate of Bitcoins. This also happened last year, but not this early. Downtrend started after New Year.