What caused all the price drops?

[bitcoinisbest]

Wow, december was the best time for your savings and every single altcoin has shown growth. I think you are stressed now after seeing your investment lost 80-90%of value,if you hold since december

December was the time where you should had quit or sold the maximum position when btc was trading above 15 k - 18k so that you would have had a chance to buy at this lower price back now and enjoy another bull run when it will happen to make a lot of money again.

[Dewar Noise]

as you have seen today, crypto prices have decreased very dramatically, and what I know is that it is the bear market that makes this situation happen, and until now the state of the market has not shown a sign of price recovery, and this situation has already begun from the beginning of last year, this situation will probably last longer, because until now I have not seen the market show that there will be a recovery

[chikucrypto]

Yes all prices are drop i think there are some reasons behind this. One there is a correction in the crypto market and 2nd reason some projects are scammed. That is why prices are drop but this is for a little while in few moths market will bull again.

[Cilorku]

Many people give bad information on cryptocurrency and make others panic so that the price of coins continues to fall sharply. This is the market and works with the law of demand and supply.

[andradwi]

this is the biggest year where many scams and they are not responsible for what has been done. We are Bounty Hunter feeling where we cannot enjoy the results of our labor

[Mysteryla]

Most times the fall in the price of cryptocurrency is caused mainly by FUD. There is some who are bend on spreading fake news in order to cause a crack down in prices.

[party22]

Almost all the altcoins (and bitcoin too) went down alot yesterday. Does anybody have a clue what caused this major drop?

yes because it's time for the market to go down, it won't be possible for the market to always go up. if the market continues to rise then money does not become valuable.

[GmBoom]

It is caused by the bad news regarding on the ETF issue. It cause a catastrophic down price of the coins and tokens. Hopefully when this is over and the market is calmed again, we can see another green price.

[Thyaga]

Almost all the altcoins (and bitcoin too) went down alot yesterday. Does anybody have a clue what caused this major drop?

Submission of ETFs rejected by the SEC is a major factor in the prices of Bitcoin and other altcoins declining.

[Pixstxbtm]

In the recent market, I have not found any reason to clearly explain the market decline, but I think this must be inseparable from whales/sharks!

[zekarsalih]

bitcoin prices cannot continue to rise, there must be a moment down so that traders can still get daily profit
You have to start trying to understand the chart, rather than having to contemplate fate
experience is very valuable, especially to support your career in the future

I agree. Experience we are getting now is priceless. Not everyone is as lucky to be in the middle of the history being made. The cryptomarket is in the state of development, so we shouldn't panic when prices drop or recovery is slow.

[abas_ir]

It is caused by the bad news regarding on the ETF issue. It cause a catastrophic down price of the coins and tokens. Hopefully when this is over and the market is calmed again, we can see another green price.

Yeah, and I think there are various factors that influence it, given the nature of crypto is very sensitive to the news spread around it. One of the reasons that affect the price decline in this crypto is because of the cycle of the crypto itself. Several years ago crypto was in a quiet zone, then suddenly he set a new record that was so fantastic that everyone can not predict it. So, the decline this time I think also to create a new thing again. Your thought?

[Crypto.Expert]

In my own view this deep that is happening at the moment is commonly caused by correction. The price now is too much for some coins to worth for. This could be understandable that the time will come when the prices will at its general price

[kak uli]

Almost all the altcoins (and bitcoin too) went down alot yesterday. Does anybody have a clue what caused this major drop?

in my opinion, all digital currencies, especially Altcoint, are currently experiencing a downward price. That's because of many things.
First, Because Towards the End of the Year, and Also very influential with the big days. for example like Christmas, because that person will sell a lot of Altcoints they have.

[vinayak2628]

Don't worry....... In near future prices will go up.... So hold your investment will be 10x....

[Herostorm]

Now that the penny has been falling down for a number of reasons, I believe the market will rebound, which is certainly because if we can see that the market is gradually recovering for today

[InfiniteGrim]

Correction! Each growth in the market always recovers down to the previous levels. Also falling again is filled with new growth - the market is cyclical. So do not worry, if you see a temporary fall, potmou that it will be followed by growth!

[kz06]

Crypto Market is an exceptionally unstable market, It could be as high as it could be presently and as low as it needs the following moment. It has numerous components why. One major factor is the FUD (Fear, Uncertainty, Doubt) of the market speculators. The main thing we could do is to HOLD our positions and expectation that it could go high once more.

[dgross0818]

bitcoin prices cannot continue to rise, there must be a moment down so that traders can still get daily profit
You have to start trying to understand the chart, rather than having to contemplate fate
experience is very valuable, especially to support your career in the future

No graphics can be fully understood - there is always an element of luck, even if you are a super experienced trader, but probably there are no experienced traders here at all as they do not visit forums. For the rest, graphics are still guessing in its pure form. Yes or no 50/50. It is necessary not to look at the charts, but on the news background and then you can definitely feel the moments of the market's turn around from the bull to the bear, and this is a very important point!

[armack18]

Prices are depend on different events including BTC and other ones. They are so unstable that have become stable on this base. I believe that it will be fixed.