Why the price of bitcoin rapidly going down

[Himanshu111]

I think investors are now experiencing panic, because there is a lot of bad news about the crypto world. So a bearish market condition made many who were afraid to return to invest in crypto, while other investors who even sold all crypto and did not invest again. but in my opinion the price reduction is only temporary, we must be able to take advantage of the moment of price reduction by buying more bitcoin or altcoin .

well, that is a natural thing if the price goes down faster than the increase. sometimes, when people hear good news from Crypto, of course it only makes them slow to invest. but, when the FUD already exists, there will be a lot of people panicking.

There are several factors behind this downfall of price.The demand and supply forces play an important role in determining the prices of bitcoin.When the demand is more the price will rise and and opposite will occur if demand falls.People are selling their bitcoins because the price is falling and due to this only the fall in price is increasing.Investment in bitcoin has also decreased due to which price has fallen.Some countries have also banned bitcoin which has affected its price.

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[Charlessy]

I am sure that the crypto-currency market is manipulated in order to expel inexperienced traders, thereby making money. Do not panic.

One of the concerns about bitcoin is that prices are very volatile, rising very fast and also falling rapidly. Some of the factors that influence bitcoin price movements are news, whether it's from online news, TV, Radio or negative or positive newspapers. For example, when there was news about the ban on cryptocurrency advertising, this sentiment triggered prices to fall quickly. Conversely, good news makes bitcoin prices rise.

[westril688]

I am sure that the crypto-currency market is manipulated in order to expel inexperienced traders, thereby making money. Do not panic.

The price of bitcoin dropped is normal, so does the price of bitcoin rises. This is a business, where prices rise or fall can be designed by bitcoin bigboss which has a lot of bitcoin and is thrown into the market to make prices fall apart according to their wishes. The goal is simple, he will buy when prices go down and sell them again when prices rise.

[CROWN07]

Indeed, Bitcoin is brief. Bitcoin costs are going down quick on the grounds that there are such a significant number of gossipy tidbits about late Bitcoin being heard. France and South Korea prohibited Bitcoin thus, different nations fear bitcoin. Therefore, Bitcoin costs are much lower in the present market. Which is $ 8K underneath. Which is somewhat frustrating for Bitcoin clients. Besides, Bitcoin is a cash. It is typical to expand the cost of bitcoin. On the off chance that we take a gander at the record of 2017, we can see how much the cost has expanded. Specifically, toward the finish of 2017. Yet, the costs are low in mid 2018. A few people feel that the costs of different sorts of cash are expanding. It might be said that everything will be decreased bitcoin. Be that as it may, soon the bitcoin will end up important.

[quoctien1997]

Because Bitcoin has many bans in many countries, because Bitcoin is used by criminals to do something illegal. Therefore, Bitcoin is not trusted by the State and investors so it has fallen dramatically.

[Sirait]

there is no way that the condition of Bitcoin will continue to rise, there must be times when Bitcoin is down because of the Dump and other reasons, see whether the price of Bitcoin in 2015 or 2016 is like the current price. I feel that the price of Bitcoin continues to rise from year to year like a wave. Other trading instruments are the same, there will be times when the price drops,  then rise again.

[nyobaanweh]

In my personal opinion, Bitcoin goes down fast because it has been exploited. Actual value of Bitcoin will not reach 20k $ per coin at the end of 2017. It takes a very long time to prove its usefulness to the world so the price of Bitcoin is currently the price. Its real. no surprises

[ACCOUNTSTRADER]

Mate, this is BTC... Its impossible to stop up and down !!

[sigam batat]

Maybe this is due to the many supply factors and now the bitcoin enthusiasts are getting less so that bitcoin has dropped dramatically and maybe the effect of rising dollar prices in some countries so that bitcoin is falling because the economy is getting weaker

[Hjalmond]

What goes up must come down. It a normal phenomenon in any kind of investment. Up a little and down a little. If bitcoin continue to climb up without shaking, then,there will be a terrible crashing down which may be very difficult to survive.

[Flor1982]

This is because the Bitcoin and Altcoin holders are easy to believed to FUD making them to panic of selling their Cryptos. Actually, the big whales will trigger the selling together with the FUD news and making the people to panic that if the price successfully down then the big whales will buy it again. I just hope that soon, many will learn about this strategy of market manipulation in which ETF is our only hope.

[wolfdragon]

This is because the Bitcoin and Altcoin holders are easy to believed to FUD making them to panic of selling their Cryptos. Actually, the big whales will trigger the selling together with the FUD news and making the people to panic that if the price successfully down then the big whales will buy it again. I just hope that soon, many will learn about this strategy of market manipulation in which ETF is our only hope.

You are right, this is because of the weak hands that always believes fud without knowing and searching that this is only a strategy to manipulate cryto price.

[MMysterious]

This is because the Bitcoin and Altcoin holders are easy to believed to FUD making them to panic of selling their Cryptos. Actually, the big whales will trigger the selling together with the FUD news and making the people to panic that if the price successfully down then the big whales will buy it again. I just hope that soon, many will learn about this strategy of market manipulation in which ETF is our only hope.

You are right, this is because of the weak hands that always believes fud without knowing and searching that this is only a strategy to manipulate cryto price.

Market makers create FUD in order for them to buy at low price then sell at high price. I think bitcoin going down because of the continuous uptrend of 2017. And this down is only a correction and partly a manipulation of those people who have plenty bitcoin. Its been 9months of downtrend for whole cryptocurrency but I see a glimpse of hope for the next 3 months because of what happen last year. Approve or disapprove of BTC etf? Bitcoin will still survive.

[emailly]

The price of bitcoin is determined by all people who have bitcoin (regardless of number). I think bitcoin prices are down because many people are selling bitcoin, the price will move down (because supply / supply increases). I hope that someday the price of bitcoin will grow up with demand.

[JackNecessary]

I think this is a natural thing, up and down. It's just a temporary trait, although I'm new, but I know a bit about this issue, So I think the bitcoin price factor down is what I see if the supply is bigger than the demand, then the price will drop until demand is greater than the supply.

[baki22]

As I see on the chart, the price of Bitcoin is gradually coming back.there are a lot of good news and improvements right now, so we shouldn't panic. Maybe at the end of this year.

[Kusnechik]

The price of Bitcoin is subject to the basic laws of the market, one of which is the down trend after a strong upward movement.

[ipscanerz]

by ever touching $ 15k bitcoin it should be a very reasonable correction we need correction to raise the price of bitcoin which is even higher

[kemmycrypto]

Bitcoin is an electronic currency. law of demand and supply also affect the movement of cryptocurrency in the market. when demand is much more lower than supply the currency will fall. I believe strongly that if more people and countries legally adopt the cryptocurrency the price will come up again.

[devil before evil]

Trading or investing in cryptocurrency is a psychological war against yourself. Stock traders often say that investing in traditional markets requires extreme mental discipline. That discipline is how they control themselves when the market is volatile. How they stop from making stupid decisions, and keep on track with their strategy.I’ve been in this space for a few years now. I started off as a investor but fell deeper down the rabbit hole. I work with an accelerator helping token sales, and recently joined the team of a project I fell in love with. I like to think this gives me a comprehensive understanding of fundamentals at play.What this understanding of the players involved in this market has given me is..Well, the knowledge that this market is almost completely sentiment driven. Which means it doesn’t always make sense. Crypto has more retail investors than any other market. You can see this if you look at the Bitcoin price chart next to a chart of Google search trends for the word “Bitcoin”. The charts are pretty similar, it would seem, The more people that google Bitcoin, the higher the price goes.Bitcoin Price Over 12 Months