Why the bitcoin price goes down

[bitterguy28]

in this month price of bitcoin goes down , any one know reason for BTC price down 

I got some information why bitcoin falling down the price except from  the Korean government banned the cryptocurrecy I'm not wrong for this information
from the telegram group CME and bitcoin agreement contract are expire, I forgot the exact date the expiration of contract.
hoping after all this problem bitcoin and cryptocurrency goes raised again pumping their price value into the marketcap.

[enjotan]

in this month price of bitcoin goes down , any one know reason for BTC price down 

bitcoin prices go down, as many people sell them. there are several factors that make a decrease in almost all crypto. which I know, because of some rumors about the crypto market ban in south korea. there may be other factors that are increasingly making the value slump. but at least, now we can buy bitcoin at a lower price.

[mahibul49]

is it matter??
i m not worry about all.just buy and hold bitcoin.bitcoin is future.

[sparkystacey]

Certainly speculation over whether China will allow mining and how South Korea intends to regulate their market has directly correlated to rises and falls in $BTC. That said, the entire region is on their holidays right now. Literally billions of people are travelling, visiting family and celebrating the new year. In the US, during the Christmas week, it is not uncommon for businesses to lose 50-75% of their traffic as people take off and pay attention to their families. Every year, world markets take a similar dip, and come back when we are all back to work!

I think now is a great time to buy.

[anti-scam]

Asian countries have an important role to reduce the price of Bitcoin. they did to get a cheap price.
no one can do this unless they have great power and have a strong market. China can do anything.

[moiseeva]

This is just a correction. It has happened in past and price started rising again.

[cl37007]

People are selling to either take profits or because they are scared it is going to go down due uncertainty caused by whats going on such as government's attempt at intervention. The problem is that the people selling out of fear are the same people causing the price to go down.

[VanKleiss]

in this month price of bitcoin goes down , any one know reason for BTC price down 

It is like asking yourself "why I am so sad today, why not being happy everyday?".  Do you also ask last year why bitcoin is going up? Remember that it is a currency, it depends on the demand or needs that reflects in the market.

[SonyZ3+]

in this month price of bitcoin goes down , any one know reason for BTC price down 

Maybe south Korea ban bitcoin.and this reason affect bitcoin market.then bitcoin goes down.I think,this problem solve very soon and bitcoin get back his 2017 December month price.So wait for this price.

[Karavadinos]

People got terrified after this tough period that bitcoin recently faced, but i think this price drop is reasonable and has many factors! First, the huge increasement during november and december bitcoin grew with more than 12k in less than two months so this is just descresement phase after the storm, second the transactions that went slow and lower caused by the bans in some countries, and third bitcoin is just a crypto, nothing is sure! we can expect price perturbations anytime.

[topleskacah]

The answer is only one, because of fluctuations
and this has often happened is not it? in addition to poor media coverage
This causes panic among investors, there are some investors who withdraw their assets, with the aim of securing it
and that's why bitcoin prices suddenly go down

[Karakyli]

According to Robert Schiller-Nobel Laureate in Economics, bitcoin will not have a real value until people come to a consensus on its price. After all, the same gold has its price, even if it is not considered by the public as an investment. The very likely outcome of the Critical Exchange - according to Schiller - bitcoin could collapse and everyone will forget about it. But when this happens, the expert does not know. Up to this point, it may take 100 years, he believes.

[elie_s]

When bitcoin reached it high a lot of people sold there shares demand now bitcoin although it's 10k it's still expensive to buy so I think this is normal to happen what's not normal was hitting 20k in few month so people chill everybody is making money out of bitcoin

[1 currency now]

When bitcoin reached it high a lot of people sold there shares demand now bitcoin although it's 10k it's still expensive to buy so I think this is normal to happen what's not normal was hitting 20k in few month so people chill everybody is making money out of bitcoin

This is a very common thing, I've noticed the same situation with Altcoins and they get their price back to where it was in like a month.

[retnoanjani]

in this month price of bitcoin goes down , any one know reason for BTC price down 

bitcoin prices go down, as many people sell them. there are several factors that make a decrease in almost all crypto. which I know, because of some rumors about the crypto market ban in south korea. there may be other factors that are increasingly making the value slump. but at least, now we can buy bitcoin at a lower price.

Well, issues related to legality are very easy to influence the price of bitcoin. A few months ago the news from China also made bitcoin prices stunned, just as it is today, linked to South Korea. However, South Korea has announced official news, that no exchange shutdown and tax announcements, hopefully this brings a positive impact.

[jeronimosuykens]

After Coinmarketcap.com decided that the Bitcoin price data in Korea was off the site, Bitcoin and other virtual currencies had fallen sharply. Bad news from China prohibits the exchange of bitcoin and cryptocurrency which also caused investors' psychological instability and sell massively causing the bitcoin and the entire crypto market to fall heavily.

[jeribean]

I can only say those big investors has a big impacts on it.

[Skieleton]

It is normal such falls have already happened several times. Only the amounts were smaller. But the percentage was similar. There's nothing to worry about. This is a good time to buy BTC.

[thirdprize]

Intresting thing is that the total market cap went one month back. pre christmas

It always goes up for Christmas and down again afterwards.  Check the last few years.

[gundala]

It is normal such falls have already happened several times. Only the amounts were smaller. But the percentage was similar. There's nothing to worry about. This is a good time to buy BTC.

True, bitcoin prices up and down is a natural thing. Although down but the rate is still higher than the lowest price last year. Nothing to worry about, keep calm and buy some bitcoin.