Why Bitcoin Price Going Down?

[noormcs5]

If you are holding crypto currency for a many years then why you don't know about it that what is happening with bitcoin? And Why bitcoin price is going down?
But I guess some investor feel panic in this situation, may be it is happening with you. Bitcoin has come back from a highest price of $20000 then a huge people sold their bitcoins in a highest price who hold their bitcoins for a long time and wait for a good time, then definitely bitcoin has a big fall, it is the main reason. But now again bitcoin will come in high price so just wait it. 

[Vinalians]

There are so many reasons out of it. Some experts in the articles that i read is that some countries are having a problem and issue in some cryptocurrency they are not accepted in that specific countries so they banned it. The panic selling of people also it is one of the most main reason why bitcoin decreases.

[stellgod]

This game is for those who have money. Swim with them, then live, swimming is off the island

In my own opinion I believe one of the causes why bitcoin price is going down is due many speculations that pointing bitcoin market to crash again.

even if they hear about the speculations of bitcoin, as long as they have their own opinion about bitcoin, the price will not go down especially down too deep. the bitcoin price is only going down because of many people getting panic because of one or more bad news is launch by some people that don't want to see the bitcoin price increase high. and people attracted to sell their bitcoin before it's too late to sell and they don't even think that bitcoin will still survive for a long time.

Agree with you bitcoin price is not going down but it is increasing now, high speculation, increasing demand and Japan regulation has increased the price of bitcoin very high, so we can see bitcoin is growing more and more so we cannot forget it to be the next currency of the era. Most of people around us are bitcoin users and they are showing great interest for bitcoin just because of easy use and fast transaction throughout the whole world to me bitcoin is spreading all over the world as the most expensive currency, no doubt bitcoin will get higher that this within few years.

In my opinion many false statement from different people and mostly from the banks are the main cause of the fall in bitcoin price, because banks realized that people are withdrawing their money from banks and investing in bitcoin therefore banks lobby do not want bitcoin to be succeeded. When people listen these types of statement they afraid to buy bitcoin.

If we look at the current situation of the crypto market, then we’ll get to know that the market value of the bitcoin is not going down and that now it has started going up and above all, there is a hope that the ones who are still holding their bitcoins will manage to make some huge amount of money in the future if they kept on doing so. You should never be a reason of the downfall of the market value of the bitcoin and that you need to stay away from panic selling.

[kenziefried]

This is the crypto market and that in this market, the market value of all the crypto coins keeps on changing and that it is not a surprising thing. The only thing about which you need to care is that your reaction at time when the market is falling. You need to stay patient and that you need to keep your nerves under your control so that you may be able to hold all your coins and can go for buying more coins.

Not even in just crypto market as this is the normal thing that happens in every market and as long as you are able to understand that, you will not even blink an eye with respect to whatever happens in the market. The market cannot keep moving upward and vice versa, but the thing to always look out for is usually the aftermath of a recovery which most people are always eager to see anyway.

Some people get worry about rise and fall of price of bitcoin, whenever it get high people use to sell but some people get issue on the falling price, but it is not good to panic your bitcoin

One thing is that any market driven by FOMO and greed will never last and that is how market always ends up playing out which a lot of people usually do not understand. As long as you understand that any price that is not sustainable in the long run or look too good to be true is actually popping up, then it is about time to take some U-turn because the aftermath is usually not good. Steady and good growth is always better.

When more and bigger countries are going to accept bitcoin as their legal currency the tax ratio is increasing and it is not good for investors. People invest in bitcoin because it was decentralized and the governments have nothing to do with it and there were no taxes but now gradually taxes are imposed on bitcoin investment and trading. This is big cause of fall in the price.

[SolomonSollarsNSense]

All I can blame is the taxes. I'm sure that traders and investors are very reluctant now to spend anything to crypto because all they can think of is the computation that they need to pay and that put the market down everyday.

You might right that taxes are also the cause of the fall in the price. I think that most governments banned bitcoin in their respective countries because they think that mostly criminals put their money in bitcoin which has no records and use this money in illegal activities, therefore they banned bitcoin. And the other reason is that the price is too much volatile and due to this people are not investing in bitcoin.

Many people think the same way that bitcoin market will crash again and that is the big reason for fall in the price. In these days people are investing their money again in bitcoin because of the growth in the price but still many people believe that this rise is for the time being and it will down again in the near future. But I think that 2018 is the year of bitcoin.

[almersyn]

Bitcoin is very volatile indeed. We have to be clever as we move the graph. If if the price drops then we can buy the affordable price for maybe we need to be patient because we need to hold it for the price back up. This is a game of big investors

[Sadlife]

The price always crashes after a big uptrend when it enters a new year mostly the price fluctuate's in the 1st quarter but eventually recovers and have another bullish run in the mid year. There is a pattern that has been explained about this in this forum. I think this is how the whales makes money.

[KennyR]

Bitcoin price crash or fluctuations is a common thing with cryptocurrency. After price drops there will be assured price pumping. It is our goodness to predict in the right manner and benefit through it, because on price drop users easily get into panic and sell their holdings which.

[HatakeKakashi]

From 20,000 dollars price last year to decreased at 50 percent as of now. I hope bitcoin will increase more again and for sure most of us earn more money. I think why the price of the bitcoin decreased or down it's because the price increaae and many people sell their bitcoin so they can get more profit and some of them are panic selling so the price dump.

[rickadone]

Bitcoin is becoming increasingly decreased because bitcoin users are selling their bitcoins on a large scale. It triggers bitcoin prices to further plummet because no more investors are buying bitcoins. Bitcoin becomes unsold. Because of those more and more crypto users who feel disappointed and lost their investment lost.

Investors are still buying bitcoin as it is, so I beg to differ on what you have just said. As long as the market is going down, some are still buying and only those who are weak are usually the ones who bail out. This is how it works, it is a speculative market and it is always going to be easy for whales to have sweet moments.

Price is driven up to catch the greedy ones, and then it drops hugely just to get the weak ones out. As long as you understand all this, you will not be bothered.

[jajulway]

I think because of in some countries bitcoin is not popular, in fact in my country Indonesia, the Government starts to make a regulation for using bitcoin, but i think we have hope when KFC starts selling their product and we can use bitcoi  as payment

[Sabana1952]

That's normal in a business,demand is getting low now but the demand is high the bitcoin will increase also

[upsidedown75]

Bitcoin prices have come down drastically, in my opinion, it is due to the effect of mass sales made by some bitcoin users who are experiencing panic. In addition, I think this is also part of the cycle in crypto if at the beginning of the year the market price will go down, and in the mid, to the end of the year, the market price will again rise again. So we all should be able to set the strategy well so as not to lose.

Always attributing everything to panic. It is just the way the market works and once the market is overbought, it is normal to see some little correction to go retest some level of support and try as much as possible to affirm that support and in that case, we will some little bit of downward movement. It is just the ways of bots and traders doing their thing in the market and those who want to panic will only end up doing so at their own detriment.

[senarathne225]

This is the kind of question that starts arguments at dinner parties. Will Bitcoin rise this year? Will it fall this year? Who knows? What is the Bitcoin price prediction? Even though Bitcoin and its technology are very useful and are changing the world, anybody that claims to ‘know’ whether the price of Bitcoin will rise or fall is a liar. Sorry, but that’s the truth.

I strongly believe that blockchain technology and cryptocurrencies are the future. This is why I believe the price of Bitcoin will increase this year. This is what I believe, but I can never know. All I can do is guess and make a Bitcoin price prediction. You can look at charts, you can look at news, but you can never ‘know’ for sure.

There are people that say Bitcoin is a ‘bubble’ like the ‘dot-com bubble’ that happened when internet companies’ stocks started increasing in price back in the late 1990s. They say that Bitcoin will ‘burst’ in 2018, meaning they think it will crash.

In the dot-com bubble, the stocks got to really high prices. But when the bubble ‘burst’, the stocks went straight back down to low prices. The people that bought the stocks when they were at high prices, lost most of their money. This is why it is important not to invest more money than you can afford to lose.

There are also people — like John McAfee (the founder of McAfee Security) — who predict that the Bitcoin price will keep increasing this year. In fact, John McAfee predicts that Bitcoin will multiply by 10 (increase by 1,000%) in 2018! He also says it’ll be $1,000,000 by 2020. Imagine that!

[christofyler]

To my own understand  Bitcoin price need to go down.... Why?, it because according to market it goes up and down... You can accurately fixed the price. But looking at bitcoin falling easily.... I think it due to the numbers of investors who are afraid to loss their money and also different countries not accepting cryptocurrency.... Don't forget the way scammer and hacker are taking away peoples money.

[yvesp110]

Bitcoin prices have come down drastically, in my opinion, it is due to the effect of mass sales made by some bitcoin users who are experiencing panic. In addition, I think this is also part of the cycle in crypto if at the beginning of the year the market price will go down, and in the mid, to the end of the year, the market price will again rise again. So we all should be able to set the strategy well so as not to lose.

Always attributing everything to panic. It is just the way the market works and once the market is overbought, it is normal to see some little correction to go retest some level of support and try as much as possible to affirm that support and in that case, we will some little bit of downward movement. It is just the ways of bots and traders doing their thing in the market and those who want to panic will only end up doing so at their own detriment.

There are so many things which then contribute in bringing down the market value of the bitcoin and that because of which, most of the investors get disappointed as well. However, there is nothing much to be worried about because of the reason that the market value of the bitcoin has started recovering and that there are likely chances that it will go even higher in the future.

[KennyR]

Bitcoin prices have come down drastically, in my opinion, it is due to the effect of mass sales made by some bitcoin users who are experiencing panic. In addition, I think this is also part of the cycle in crypto if at the beginning of the year the market price will go down, and in the mid, to the end of the year, the market price will again rise again. So we all should be able to set the strategy well so as not to lose.

Always attributing everything to panic. It is just the way the market works and once the market is overbought, it is normal to see some little correction to go retest some level of support and try as much as possible to affirm that support and in that case, we will some little bit of downward movement. It is just the ways of bots and traders doing their thing in the market and those who want to panic will only end up doing so at their own detriment.

There are so many things which then contribute in bringing down the market value of the bitcoin and that because of which, most of the investors get disappointed as well. However, there is nothing much to be worried about because of the reason that the market value of the bitcoin has started recovering and that there are likely chances that it will go even higher in the future.

As in the above statement, now it is not necessary to fear about the price drop. After price falling to some point, it gains momentum to break the value and move forward. Now to attain the $10000, it is gaining resistance. Soon we can see the price of bitcoin progressing above $10000.

[snaper14]

the amount of money is determined always by the investor himself but there is a rule that never invest what can`t you afford and when you invest think that money as alost money.

[trutel]

Prices on the market are often changing in every minute, hour, or day. all not apart from the cryptocurrency trend itself. I often see the original good and high prices. But after a while, the price turned down. This is something natural and common. Maybe you should be patient in the face of this. You can sell and replace with a new instrument that is more powerful, of course, with various analysis and consideration of trends. Maybe that's just a good suggestion from me for you. hope you succeed

[bearexin]

That's normal in a business,demand is getting low now but the demand is high the bitcoin will increase also

If we look at the graph of the market value of the bitcoin since past few days, then we will get to know that the market value of the bitcoin is not falling. In fact, the graph is going upwards and that the market has started turning into green which is a very good sign and that it brings a confidence for all those who have invested their money into it as they can hope for much better earning in the coming days.