Why the price of bitcoin rapidly going down

[Jamboo30]

The price of Bitcoin dramatically down because the SEC postpone to announce the approval of the finacial funds invesment. This new make the price of BTC continously donw in some next day and i think its price can go down at the 3k $.

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[rhenz01]

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.

The main reason why bitcoin is rapidly decreasing its market value it's because of so many people that are selling due to afraid of the speculation that there is a huge fluctuation of  market value.

[pro army]

although slowly but Bitcoin prices are now starting to rise and this is certainly a good signal for bitcoin growth in the future, and I'm optimistic if in the next few months bitcoin prices will return to reach $ 10K

[LETme]

Because the price manipulated by the whales then there's a lot of negative news about bitcoin and other crypto the outcome the investors become panic and they sold their bitcoin but remember bitcoin is very volatile so better be ready on what would be the wise thing to do when bitcoin is on dip.

[Antonina]

because maybe bitcoin became less interested, he was less trusted. There was a temporary collapse of the crypto currency

[matthewio]

bitcoin price is going down for a lot reasons,the current dip was caused by the postponement of the bitcoin etf proposal

[matthewio]

It's as simple as the abundance of supply of bitcoin in the market makes the prices go down.

FUD's doesn't affect the price directly but this could influence hodlers/ investors into selling their coins and add more supply in the market.

i keep wondering why FUD still has so much influence on the market or why some investors will sell bitcoins at cheap rate when prices will eventually go up

[itsik78]

At the moment, due to the negative news background, there is a fall. I think it will last another week. This is due to the fact that the SEC has postponed a meeting on changing the trading rules at the Chicago Optional Exchange CBOE, where the ETF should be traded to Bitcoin, from 10 August to 30 September. This fundamental news automatically affected Bitcoin's price

[rembad]

In fact, it's very good. While some people in the panic sell bitcoin, believing that this soap bubble will soon burst, it's time to put free money into the crypto currency, this is my opinion.

[Lanzeta]

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.

There are always reason behind the dump of bitcoin. One thing is that, the news we received affect much the panic sellers. The market is also manipulated by the whales and as of now, it matters a lot since there is a news about ETF. Many people currently fear to buy btc and sell it immediately on other side, whales playing the market.

[Gramna]

I think one of the reasons why Bitcoin's price is rapidly going down is because of the many news, may be true or just fake news but it is affecting the interest and confidence of the people in Bitcoin and its future. A lot of investors and users are selling coins that is why the value is going down further.

[embargo]

The price of bitcoin is volatile, and price movement is difficult to predict. Today the trend is one, and tomorrow there is a change and the price moves in the opposite direction.

[Rustamm]

The issue was raised in March, but it is still relevant to this day. Bitcoin is in a depressed state for the eighth month after its December price rise to $ 20,000. With bitcoin played a cruel joke, when deliberately raised it to such a cost. Now very many have lost on the bitcoin, because of this, investors are at a loss and they do not trust him anymore. They do not know how much more they can fall in the future.
We just hope that by the end of the year bitcoin will rise, as it began to grow at the end of each year.

[Ethreyes]

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.

You know what we cant really knows and predicted what truly causes this irregular price of BiTcoin...  We are just believing on our own speculations and theories about it...  But the truth is this current fluctuations of price of BiTcoin until know is biggest questions to us...  We think that it is because of panic selling, because of trading and sometimes because of the whales in the market...  It is really hard to figure out what really cause its value to drop...  I just think always that this situation in the market is normal... But we cant limit the possibility that it is somehow manipulated by many...  Just an opinion...

[jaysabi]

It is usual on bitcoin market if price is not moving up than is moving down
Why rapidly because all kind of illegal trading is ongoing on btc market
Old tricks big buy wall what disappear with one click of mouse or wash trading when price is pumped btc same fast going down like is going down

there is guy who lost  400 mln dollars on  trading btc futures .So maybe now regulators will like to set up trading rules on crypto market  

That loss was in Hong Kong where btc trading is notoriously shadowy and subject to manipulation and bad exchange policies. The exchange ended up socializing the losses among traders who were profiting in that particular market. Lack of regulation on these types of exchanges is certainly one major reason something like this was able to happen. If I was one of those other investors who had to take a hit because of some idiot losing $400m and a bunch of bad and lax policies by the exchange that allowed that much risk to be taken on in the first place, I'd be pissed. Exchange is OKEx, and they don't deserve to be in business.

[hotBriX001]

The price of bitcoin is volatile, and price movement is difficult to predict. Today the trend is one, and tomorrow there is a change and the price moves in the opposite direction.

Certainly because of the huge supply and less demand which probably caused bitcoin price rapidly going down. And also with some big whales strategy that sell their great amount of bitcoin in the market just to get their capital equally also affects bitcoin price much declined.

[Pemburu dollar]

The price of bitcoin is rapidly going down , it might that the whales are continue to dumped huge supply of coins in the market ,because others also think of this happenning , and that there are a lot of supply of tokens in the market and makes the price value of all altcoins falling down too low.

I think thanks to the news in the G20 saying that they will discuss the benefits of cryptocurrency, bitcoin has restored its value and hopefully it can rise more.
Although the value of bitcoin will drop due to news from Google about the ban on cryptocurrency and ICO related advertisements. But not only that, Twitter and Instagram according to some articles also make these actions. Although that is unverified information but it makes a stir in the market so it has played a role in reducing the value of bitcoin.

[Jamie Oliver]

A lot of people are selling off their crypto, and there's less money in the market, and the market's down is the market's choice.

[Bitcoin2009]

The price of bitcoin is volatile, and price movement is difficult to predict. Today the trend is one, and tomorrow there is a change and the price moves in the opposite direction.

Bitcoin will be forever like this, prices will go up and down like a roller coaster, with facts like this we can actually get big profits because there is always the opportunity to buy cheaply and sell at high prices, the most important thing is always be patient.

[leavefifa]

Bitcoin is currently declining. Even deep down if compared with the end of 2017. Bitcoin is no longer attractive to investors after the increase in value to 20,000 US dollars. Then there is the negative information from the big reputable investors in the world. In addition, the impact of many countries with the Bitcoin ban has also greatly affected the value of Bitcoin.