Why the price of bitcoin is gradually decreases?

[Blitzboy]

Do you think guys why price of bitcoin decreases because of hashocean
hashocean right now is run their coins and sell in the market?
I just heard that hashocean is scam just right now. and i think it can effect the bitcoin price if the owner sell their bitcoins..

[btcmerich]

I do not know how much in Bitcoins Hashocean have  and going to dump but i think the price reduction is due to some noob bitcoiners selling too early  or is just  bitcoin way of life. one day you are up 10% and next day you are down 20% . there are some things here, if we do not see bitcoin climbing soon when we are getting closer to halving time then we can forget 800-1000 USD / BTC value. I think it will stay at around 600-650 USD. But offcourse i want to hope for 1000-1200  but i think it is out of range if you base it on how the value is at the moment

[angaper]

Trying to find a logical or technical reason to understand this evident inconsistency in the bitcoin price behavior these days seems useless. After the previous optimism when its price arrived close to the $800 level few days ago, it is more than evident the current uncertainty before halving. And I have no doubt that we will continue observing this erratic behavior for long.

[kwukduck]

What is so hard to understand about flawed fundamentals?
A system that can't support any reasonable size of userbase is doomed to fail.

[janggernaut]

maybe (because i heard hashocean scammed a lot of people, so maybe they made a huge dump), but maybe nope too OP. For sure, btc price decreased because some of people make dump/sold their bitcoin , and then its make supply > demand. But no one knows if that dump was from hashocean or not.

[SilverPunk]

maybe (because i heard hashocean scammed a lot of people, so maybe they made a huge dump), but maybe nope too OP. For sure, btc price decreased because some of people make dump/sold their bitcoin , and then its make supply > demand. But no one knows if that dump was from hashocean or not.

Hashocean is updated right this hour its okay now chief ,i guess its not from hashocean but it is on the bitcoiners who dump and sell their coins .it is normally when it terms of bitcoin halving a fluctuation  is good because there's a chance there  for them to buy again at lowest price.

[Ted E. Bare]

Actually, the bitcoin price has increased a lot over the past few years. You must have your chart upside down.

[harizen]

Do you think guys why price of bitcoin decreases because of hashocean
hashocean right now is run their coins and sell in the market?
I just heard that hashocean is scam just right now. and i think it can effect the bitcoin price if the owner sell their bitcoins..

If Im the owner of Hashocean why should I sold my stolen coins at the moment if I can wait for another price rally that expected this year.

Anyways, welcome to bitcoin world where amazing happens.