why bitcoin price decreased too much?

[prince7059]

I saw that btc price decreased too much.
Any reason behind this?

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[Krispin47]

I saw that btc price decreased too much.
Any reason behind this?

Bitcoin price decreased too much because every day people will join to this system they also do what we do because they have also needs, bitcoin decreased price because the money will divide to the people who join here old members or new members

[Rrita]

I saw that btc price decreased too much.
Any reason behind this?

why you are searching this reason? Its a good time to invest into bitcoin.take a look behind the chart of  bitcoin.you can easily caught the chance.

[anigoweb]

I saw that btc price decreased too much.
Any reason behind this?

why you are searching this reason? Its a good time to invest into bitcoin.take a look behind the chart of  bitcoin.you can easily caught the chance.

High probability that it will reach 10K$ So you can still wait a bit.  I think there is clear level.
10500$ - mark which may close with high probability.

[SrEasts]

Yes, the reason is the spread of FUD from Asia. There were some news about china wanting to stop the bitcoin mining in their country ( keep in mind that China represents 2/3 or so of the total mining power), and also a suposed ban of crypto trading on South Korea. People started panicing and the market is showing exactly that.

[fiulpro]

Well the reason the price of Bitcoins has decreased is because the big whales are cashing out and even the people that are involved in the Underworld they are cashing out because of the high fee and it's becoming slower thus people are choosing alternatives.

And there has been a Theory that says this is just a correction that will soon be out taken by the high price of Bitcoins.

[masphie]

I saw that btc price decreased too much.
Any reason behind this?

i think this is any issue happen....
and not only bitcoin ..... almost all altcoin today price down....
i hope this condition will be back like a few months ago....

[DrGuns4Hands]

Are you taking some reasons for that? This is the best time to invest and purchase bitcoin. Wherein many people are waiting for some oppurtunity like this where you can avail bitcoin on its low value.

[CryptosapienZA]

I honestly dont know why bitcoin has dropped. I am just seeing this as a big opportunity to buy. My buy orders have just been placed for 4 coins. I wish I had more money. I would buy right now.

[bit-freedom]

There is a decrease in market cap, people are cashing out. The reasons I can think of are due to the recently bad news. And some people sell their bitcoin and waiting for lower price to get in.

[teejaymuna]

I think the south Korean govt decision may have destabilized the BTC. Also the forthcoming Chinese New Year could have thrown people deeper into panic. But listen, do you really believe BTC will crash because of a certain decision. BTC will want to show its strength now. Watch out for the the next price rise

[Tuku007]

its too good to invest 😂

[FullMooon]

Bitcoin decrease because of the demands that they have. Maybe theres a low demand that why the price is getting lower...and maybe theres a issue/problem that affecting the price of bitcoin.

[yonjitsu]

I think not only bitcoin is suffering this ordeal because if you look at the list of top 100 cryptos are really decreasing their market cap, market price and other attributes. If you don't mind, you can invest more because maybe this'll be the last time we will see the cryptos going down.

[oppasong]

the decline in the price of Bitcoin is basically something that happens because the nature of the price of the digital currency is indeed very fluctuating move. But the decline in prices that occurred in the last week still Bitcoin prices are still much higher than previous Bitcoin prices. This indicates that demand for the currency is increasing sharply, while the available inventory is limited.

[shailkumari]

I think people are cashing out and investing in alt coins. There is lot of scope in alt coins and thus people are migrating to these. Some people have succeeded in tripling by investing in altcoins, something never possible with bitcoin.

[lionelho]

There looks like no very bad news in the market. The only reason I think is it already increased a lot and after some failed trials to breakthrough, now it's time to adjust.

[ghost424]

The price of bitcoin is still unstable and maybe they are just looking for the price to stabilize. If the prices goes down, maybe they will go up in the next few weeks and all we can do is buy or sell the tokens or bitcoin that we have.

[Ukaraki]

There is news from Korea that some BTC trading floors are forbidden to pay taxes

[Ngelieh@]

In my opinion, the rise in bitcoin prices due to the rupiah against the rupiah exchange rate rises or falls, this can cause bitcoin prices to occasionally rise or fall.