Why is the price dropping?

[dunfida]

Price of the bitcoin will always drop some but there are also risings and that is the reason why the bitcoin is goign around the value of 600 dollar he never drops allot but when he does eveyone makes losses .

Price volatility of bitcoin is  one of its characteristics thats why we experience rise and low because of any circumstances that are happening on bitcoins ecosystem. Its dropping because there are users are selling  their bitcoin for the current price thats  why it lowers  down its price. Just a simple  law of  supply and demand.

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[rektDude]

Price of the bitcoin will always drop ok not always because there are so many peopel who has known that there is coming a price rise i dont think that would happen because the bitcoin is dead as hell.

[elDano]

Price of the bitcoin will drop if everyone is holding and that is what happends when everybody is holding their stupid coins so spent them all because you wont see the price rise if you all are holding.

[Cozynunu]

The price of the bitcoin is unstable and that makes it why he can drop allot but that is not the only reason why he is dropping there are to many peopel just holding bitcoins instead of spending them.

[randy8777]

Price of the bitcoin will drop if everyone is holding and that is what happends when everybody is holding their stupid coins so spent them all because you wont see the price rise if you all are holding.

people holding their coins will make the price go up, and not down. it has all to do with keeping as many coins off the market as possible. reducing availability has a positive impact on the price.

[PacePay]

Now it looks like every thing is ok and we are now not going to see the price to drop, now we are back to $700 and after that we can expect without any doubt that the price will go increase further.