Why is Bitcoin Down?

[paolo099]

this is natural thing for crypto, fluctuation can happen based on news or whales moving from one coin to another, usually when BTC price is decreasing another coin is raising pretty quickly.
After the pump there is always a dump for another coin (people will always go back to BTC after they rose the wave for some gain).

[Gusbaaa]

decline and rise in the price of bitcoin and altcoin as cycles occur, where the decrease of bitcoin in it altcoin increases in price and as altcoin increases in bitcoin, bitcoin drops usually occur, and soon I think bitcoin will rise, patiently waiting for the rise of bitcoin

[jrrsparkles]

Looking as to why bitcoin is down

Sir it was a normal thing, that is the proof that Bitcoin price is volatile. There are times that it will pump and there are times it will dump. This happens in a single period of time and it is not surprising. In this scenario we shouldn't panic and be bother because suddenly it will be back to normal. I believe that even if bitcoin price is descreasing, it will never loose its value.

Yes it is a basic thing for all currencies in sometime the price will grow in up direction but in sometimes the price Will reduce continuosly so it is just like that , so we can trust bitcoin surely the price will be normal in few days .

[mkmittalg]

The cost of bitcoin is reduced and the price of ultokine like cycles increases, where the price of bitcoin decreases, where alkone increases in prices and bitcoins increase, the prices of ultactance decreases.

[Raven91]

For me its just natural for btc to decrease, many are just busy and for some sort of time they dont just use their btc and other investors are not supporting, but btc will always get to that value and will go back to track, and thats just small amount, btc can get that decreased percent.

[aizen10]

bitcoin is facing a correction now, from how high it pumps from a couple of month before, so its normally that bitcoin is suffering/facing a slow correction. and in addition of those holidays season last year, some of other investors are spend too much bitcoin at that time, so normally bitcoin price decrease.

[BitcoTK]

I think many people sell there Bitcoins.So bitcoin price is going down.It's not a problem.It's normal.Now people buy again bitcoins and I think it price go up on next week.  

[GoldMen]

For me its just natural for btc to decrease, many are just busy and for some sort of time they dont just use their btc and other investors are not supporting, but btc will always get to that value and will go back to track, and thats just small amount, btc can get that decreased percent.

You can lower your demand in a country, product of an attempt to regulate bitcoin, as in the case of China in ek 2017. This drop in demand causes, of course, the decline in prices. But, this cheapening, can be used by investors from other countries. And in that way, take it back up. As we see, its ubiquity, makes its market truly globalized, does not depend on the conjunctural factors of a single country.

[Lyne01]

Looking as to why bitcoin is down

Bitcoins price is down because of the market strategy. Those people behind the big cryptos are making it down so that they could afford to buy. After that, the price will go up again. This is a strategy in investment, buying and selling. Expect it to go higher next week.

[xiaopang11]

I think this is a normal phenomenon, the currency's rise and fall as long as the reply is not the attitude, can accept, is a normal phenomenon, need not too nervous, we hold COINS don't need to worry about for a long time

[globalctzn]

It is normal. Investors are taking profit in order to reinvest as the price drops. The whales want you to sell when the price is down for them to accumulate. Don't fall for their antics

[Ochakemaput]

the standard in trading is like that, there is time to go down and there is a time to go up, if it goes down, do not panic, hold it, it will go up, or you can buy back, multiply study trading, so do not panic when bitcoin down, have a good future, bitcoin will have many projects, this will be able to help the price

[hogatasensei]

normal. will be back up soon. fluctuations happen this time of the year.

[bloodyvio]

fluctuation is the part of crypto circle
but i think bitcoin goes down because btc is on sideways
just look at the chart on CMC you can see btc on sideways
once it's break.... booommm....

[mOgliE]

The price is down then up and so on...

There are moves and as the bitcoin is volatile, it is almost impossible to make accurate forecasts. However, some big trends are well-known: there are rising trends by the end of the year, that get compensated as the new year begin. Here is what is currently happening.

Nothing to worry about!

[dificanovi]

bitcoin drops because of the reduced number of people who buy and invest in bitcoins. today many people are investing in altcoin because the amount of altcoin supply more than bitcoin.

[zhekinsp]

The price is going down due to less demand for bitcoins because we all knows that price will be based on the demand so currently the demand is less and price is less.The less demand is due to people are movint to altcoins we can see that many altcoins prices are going to moon.Ethereum price keeps increasing over the fast few days so it looks like the year 2018 is gonna to be the year of altcoin.
But I am not frustated about these price falls because I know this will be temporary fall and bitcoin price will bump soon so I am eagerly waiting for that bump and i expect the time need for that bump is not that much.

[Ayaancool]

I think it's because now there is a lot more compatitors in the field of bitcoin in the current market, for example ethereum, ripple, litecoin........... etc.A quick growth always need to aware about a quick fall. And all the up and downs are depends upon it's performance.

[laowang666]

This is a very normal thing, the price of coin is sure to go up and down, and if it keeps going up, it's going to be incredibly expensive, so it's understandable.

[pinkliar]

Looking as to why bitcoin is down

Sir it was a normal thing, that is the proof that Bitcoin price is volatile. There are times that it will pump and there are times it will dump. This happens in a single period of time and it is not surprising. In this scenario we shouldn't panic and be bother because suddenly it will be back to normal. I believe that even if bitcoin price is descreasing, it will never loose its value.

Yes it is a basic thing for all currencies in sometime the price will grow in up direction but in sometimes the price Will reduce continuosly so it is just like that , so we can trust bitcoin surely the price will be normal in few days .

normal it s yes , the way on how does it make some move for , i think and see that this is one of the good thing that can ever happen why cause we see that it can be some chances for some that dont have bitcoin so that is why if they have take the chance while it is in a down matter and then yes they can take that for.