Why is Bitcoin Down?

[mashort]

everything goes down at some point, it is the basic law of trading. HODL

[eann014]

Looking as to why bitcoin is down

Yeah, it was really down. Bitcoin drops a lot this Month and we all don't know if this is a good or a bad thing, some says that it is because South Korea banned bitcoin if I am not mistaken, correct me if I am wrong. Then we all don't know if it is really a good time to buy bitcoin.

[nydiacaskey01]

With the sudden surge of Bitcoin price lately, there are those who jumped in and invested in Bitcoin thinking that its the same thing with real life stock market, buy low, sell high. So when they see price is going down, some sold out early thinking that their investment is at risk. What they didn't know is sudden drop of price in cryptoverse is normal. Just my opinion.

[aisyah88]

Looking as to why bitcoin is down

Yeah, it was really down. Bitcoin drops a lot this Month and we all don't know if this is a good or a bad thing, some says that it is because South Korea banned bitcoin if I am not mistaken, correct me if I am wrong. Then we all don't know if it is really a good time to buy bitcoin.

I do not think this has anything to do with the korean country that forbids bitcoin circulating there, but where everyone takes the moment when bitcoin goes down, because they know that bitcoin will rise in time it arrives ..

Because nothing is impossible all that happens !!

[rancidgash]

Looking as to why bitcoin is down

Yeah, it was really down. Bitcoin drops a lot this Month and we all don't know if this is a good or a bad thing, some says that it is because South Korea banned bitcoin if I am not mistaken, correct me if I am wrong. Then we all don't know if it is really a good time to buy bitcoin.

I do not think this has anything to do with the korean country that forbids bitcoin circulating there, but where everyone takes the moment when bitcoin goes down, because they know that bitcoin will rise in time it arrives ..

Because nothing is impossible all that happens !!

The reason for the decline is most likely that more and more governments are in doubt about the future of cryptocurrency and want to introduce regulations for their use and trade.he South Korean government is preparing a number of measures to try to controlling  the investment around digital money.

[jessica9009]

Bitcoin is severely reduced as the amount of Bitcoin exploitable is alarming. Restricted 21 million [Suspicious link removed]angements.

[EmJay]

Looking as to why bitcoin is down

Not only bitcoin but almost all of the coins even ethereum had fall down. this is part of cryptocurrency, it may fall down and rise again. volatile in nature , there is no fixed value. there are some speculations that said because of south korea who closed down all their exchanges.peopla are in panicked thats why they sold their bitcoin so it also affected the price of it. but for sure it will go back to its peak soonest.

[Godric-Gryffindor]

You better watch news about cryptocurrency and alike to better feel the moods of the current Bitcoin price down, and since Bitcoin price break monthly resistance after the news all who trading to uptrend decide to sell to cut the further loss in their funds.

[gigantus]

everything goes down at some point, it is the basic law of trading. HODL

this is due to the fact that China and South Korea introduces a ban on crypto currency.

[Lhaine]

Looking as to why bitcoin is down

Yeah, it was really down. Bitcoin drops a lot this Month and we all don't know if this is a good or a bad thing, some says that it is because South Korea banned bitcoin if I am not mistaken, correct me if I am wrong. Then we all don't know if it is really a good time to buy bitcoin.

For me this is really a good time to buy bitcoin while the price are going down, it is exactly the right time to buy and keep our bitcoin I know this happen is not good to other's especially to those people who buy bitcoin in high price.

[sasinghal]

Not only the bitcoin even most of the coins are down and i think this is because of ban happened in South Korea on bitcoin or any other crypto currency.

[betterbitcoin]

it's not a correction large buyers are selling out causing the price to tumble then they will buy back in at 30-50% less which the price jump even higher perhaps 20k, it does this all the time only difference was the coins were not as valuable but the % is always the same

[care2yak]

that's the market's reaction to all the bitcoin buzz (true or not) like crypto exchange closures and trading bans, government restrictions, regulations imposed on companies offering exchange-like services, and generally fud spread by personalities who have very little knowledge of cryptocurrencies. it'll soon settle and price could once again rally.

[captin crunch]

Because of some restrictions in some countries and new regulations, especially restriction to the china exchanges. ut panic among people is also factor.

[#dhabitamartha]

really what in my mind is the same if the price goes down maybe buyers will exchange their money to btc and when the price goes up sell it just like the traders in the market so the price will rise and exceed our expectation and we will be happy

[naufals4]

bitcoin down it's just a temporary. it's because there are some regulation that the bitcoin will be banned in some country again the regulation came from china and korea. i think after that news the bitcoin will recover like now. just hold your BTC if you have some of them

[whynotBTC]

Now watch how incrase the Bitcoin.  After a few announcement it's going to moon and everyone who has not bought yet will cry.

[vhiancs]

That's natural for people in the world of crypto currency, if you look at the results of bitcoin motion every year you'll see that every month of January you will see that the bitcoin price falls below and by the february the bitcoin price gradually rises again. so I advise you that instead of selling your bitcoin, hold it for awhile to gain profit.

[pluMmet]

Many factors that make bitcoin down, because the nature of her flexible so natural if bitcoin always go up and down and therefore we need to be careful to invested in bitcoin don’t clumsy and without calculations

[AleksandrKosov]

This is a global correction, where large players push the price down, knock out stops on margin trading, make nervous people sell into the minus. Then they pick up the position and go to new heights, all as usual.