Why bitcoin gone too much deep??

[balamuda]

It becomes a risk of cryptocurrency whose price could fall low. Global rules, negative news can be the reason people panic and fear bitcoin will die and they sell low. Don't drown in the current state and be patient, the market will be healthy again and bitcoin will rise again.

[manismanja]

bitcoin back to the low price and bitcoin falling down to the base price because there may be bad news that attack bitcoin prices that make bitcoin falling in price.

[TheGreatPython]

There are many factors involved in Bitcoin price rise or fall. The main factor is the supply and demand of it and the next factor is the whales. The whales always turn the market as per their wish and to earn their own profit and they sell or buy in bulk so there is major difference in price. We as a small investor need to be careful while buying and selling to whales.

The Bitcoin lowest value of this year is more than that of the previous year which means that Bitcoin is going on increase trend averagely and is improving. Besides this it also reflects that the highest value this year will be higher than that of the previous highest value as it is following increase trend averagely as noticed from previous data. So do not worries about the market just wait and focus where you benefit is so find out for yourself.

[Suwycu]

In my fall bitcoin should be expected, given that there are people who are interested in its fall!

[likerseld]

Simple really, there came in the futures CME. With that the option to short the bitcoin price. With those two than the bitcoin they had they sold it so they can use the capital to buy CME futures and short bitcoin. Combining selling is dropping the price already and the buying shorts profited them, they managed to get more profits from the price drop than an actual price spike. Sometimes when something losses value, there is money to be made from that too.

[Almaz Fesahaye]

In all markets, the decrease in bitcoin is a mere adjustment. The price of bitcoin fluctuations greatly influenced the digital market

[Philipp Mehler]

Don't worry, bitcoin price volatility is a normal adjustment. Can not continue to raise prices forever.

[Leah Ducan]

As bitcoin prices increase or decrease continuously, altcoin levels decrease. Only when bitcoin prices stabilize will the new altcoin increase

[Ralph Daecher]

Bitcoin prices increase or decrease dramatically and continuously, meaning that capital flows from the co-altcoin will move to bitcoin or exit the market. Lead to altcoin prices continually decrease

[Hilary P. Payne]

Bitcoin prices are constantly rising and falling, reflecting investor confidence in bitcoin.

[pocketfullofpoke]

Being here for a couple of months already, i believe that you're mature enough to accept the fact that bitcoin is really a volatile asset. There are factors to consider as to why its market price fluctuates enormously and one factor is that bitcoin's price depends on the demand of the investors, traders, and people who utilize it.

[korangtahes]

I will answer your question number 4.
bitcoin prices are very influential on altcoin prices, if bitcoin prices rise most altcoin prices will also rise and vice versa.

[Florina1990]

I say the price of bitcoin will grow much after summer. I think the price has gone low now just because of FUD.

[websoftwareengineer]

bitcoin back to the low price and bitcoin falling down to the base price because there may be bad news that attack bitcoin prices that make bitcoin falling in price.

In my own opinion , maybe it was a bad news for other people that the price of bitcoins is dropping today but it also give them the chance to invest a huge amount since the market price is very high last year.

[juragane]

for now there are a lot of traders who are panicking because of bad news so many traders are panicking and eventually make prices fall because there will be many who sell at cheap prices.

[Aida Kifle]

Do not believe in bitcoin or any other altcoin in this market. Trust the number of usd you hold

[Streamlink]

Simple really, there came in the futures CME. With that the option to short the bitcoin price. With those two than the bitcoin they had they sold it so they can use the capital to buy CME futures and short bitcoin. Combining selling is dropping the price already and the buying shorts profited them, they managed to get more profits from the price drop than an actual price spike. Sometimes when something losses value, there is money to be made from that too.

I think that we are more responsible for the price movement because we have to avoid selling for little profit in low market. If we buy on lower price and selling back on price little higher than the cost price then you will get little profit which maintains the market movement to flow in low price circle. We should keep in mind that if the Bitcoin is giving us the opportunity to get huge profit in high market then why is that so we are not waiting for the market to go high.

[tosmartak]

Yes every market asset is normal if they can go up and down, different in Bitcoin because that's the product we buy and cause the supply is very low now so if someone sells it or buys it, it could have a big impact on Bitcoin. The main reason is because of the supply and demand in the market more and more people are insisting on buying Bitcoin, the price will definitely increase and more and more people are selling there. Bitcoin prices also decreased.

I agree with you about people who sell bitcoin now. They don't understand said holding it is the best way to wait when the price is low.

Holding and buying more at dips may be the best way for those who are going long in the market and believe in the future potential of what they are holding for the long term benefits. Like Warren will say, buy when everyone is selling and sell when everyone is buying. The rule of the game that works pretty good for long term investors but you must be willing to have patience. In that regard, you also have to understand that this may be best for investors, but not generally the best, which is why investors with proper trading knowledge tend to do well in the long term.

[stellgod]

There are many factors involved in Bitcoin price rise or fall. The main factor is the supply and demand of it and the next factor is the whales. The whales always turn the market as per their wish and to earn their own profit and they sell or buy in bulk so there is major difference in price. We as a small investor need to be careful while buying and selling to whales.

The Bitcoin lowest value of this year is more than that of the previous year which means that Bitcoin is going on increase trend averagely and is improving. Besides this it also reflects that the highest value this year will be higher than that of the previous highest value as it is following increase trend averagely as noticed from previous data. So do not worries about the market just wait and focus where you benefit is so find out for yourself.

For convenience we use the word demand rate but this encloses into a deep explanation that is acting towards our decisions and especially the selling decision which has more importance. We should learn more about the crypto market and should not repeat our mistakes in which our selling of Bitcoin in low market is the strong reason for maintaining the bear market.

[wendiar19]

in my opinion maybe because for now bitcoin is experiencing bad news that makes bitcoin traders who experience panic so many sell at low prices and make the price of bitcoin falls very deep like this.