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Author Topic: What are the reasons why bitcoin price slowly going down?  (Read 149 times)
Arlette Foxsparkle (OP)
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May 26, 2018, 07:41:36 AM
 #1

Hello!

I was noticed that last month March the price of bitcoin is about $9000+ in April the price is $8000+ and at this month the price drops and it still slowly going down at $7600+. So for those who are been here in crypto world at a long period, what are reasons why the price of bitcoin are slowly falling?

It is because of buyers and seller? Or there was a another reason why this happened?

Can you share your ideas, knowledge and experienced for all of us as begginers.


Thank you!
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May 26, 2018, 08:09:50 AM
 #2

There are lots of things that affecting the price of BTC in the market, one of those factors are regulations, scalability, FUDs, and manipulation. Dont worry, this is normal by the way, it is healthy for the market having a good or bad publicity.


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xcbjsuw
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May 26, 2018, 08:50:28 AM
 #3

Hello!

I was noticed that last month March the price of bitcoin is about $9000+ in April the price is $8000+ and at this month the price drops and it still slowly going down at $7600+. So for those who are been here in crypto world at a long period, what are reasons why the price of bitcoin are slowly falling?

It is because of buyers and seller? Or there was a another reason why this happened?

Can you share your ideas, knowledge and experienced for all of us as begginers.


Thank you!



As I know there are some FUD news, try to read one of the news on www.bloomberg.com. Bitcoin manipulation to be focus if U.S criminal probe.
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May 26, 2018, 10:16:02 AM
 #4

last month it was actually $6000 because we had a huge dump and a very serious FUD campaign to scare everyone into selling their coins and then after staying for about a week or so at $7000ish the price suddenly jumped to $8000+ and then continued to $9900 to test the $10k resistance.

now we are seeing repetition of the same thing with a weaker FUD campaign.

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May 26, 2018, 10:26:21 AM
 #5

It is only next adjustments and fuds. In last time we can observe this actions few times so it is not nothing new. Probably price will back to 10 000 dollars in near future just wait

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May 26, 2018, 10:36:16 AM
 #6

exact reasons i think no one knows , we can held responsible various reasons for price decrease .
most of countries are making regulation strict against virtual currencies . people calling it ponzi , interest of new investors is going down so money flow also low . it is said that new institutional money will come in soon . so we have to wait for that for spike in price .
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May 26, 2018, 10:39:06 AM
 #7

Price goes down indeed since January, but the important part is that all these falls are smaller and smaller each time, check out the graphs. After all these downturns, during the bear market, we did not reach our lowest point where it was in February when all the panic sells happened, so this actually is good news. There could be loads of reasons, but it could also mean that the whales have less and less power to keep the price low.
rommelo24
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May 26, 2018, 10:44:47 AM
 #8

Hello!

I was noticed that last month March the price of bitcoin is about $9000+ in April the price is $8000+ and at this month the price drops and it still slowly going down at $7600+. So for those who are been here in crypto world at a long period, what are reasons why the price of bitcoin are slowly falling?

It is because of buyers and seller? Or there was a another reason why this happened?

Can you share your ideas, knowledge and experienced for all of us as begginers.


Thank you!
I accept that i am not an expert on this one but with my own thinking i think the price is being manipulated by whales. There are also FUDs that affect the price of bitcoin negatively.
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May 26, 2018, 10:47:38 AM
 #9

It's mostly fear from the small holders and manipulation of the market by the bigger ones.
That won't last as crypto will get more and more popular and whales will see their influence lessen.
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May 26, 2018, 04:00:08 PM
 #10

Hello!

I was noticed that last month March the price of bitcoin is about $9000+ in April the price is $8000+ and at this month the price drops and it still slowly going down at $7600+. So for those who are been here in crypto world at a long period, what are reasons why the price of bitcoin are slowly falling?

It is because of buyers and seller? Or there was a another reason why this happened?

Can you share your ideas, knowledge and experienced for all of us as begginers.


Thank you!

Now not falling, and it is rather an alignment of the market. In comparison with 2017 people became more informed, less risky therefore it is less of those who thoughtlessly put the finance. The splash in several cryptocurrencies is more noticeable, than distribution of investments in sets of cryptocurrencies, in comparison with their 2017 it became one many more.
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May 26, 2018, 04:38:15 PM
 #11

Due to increasing risks around the world Tongue There is no one reason, it is decentralized and all about demand, there will be no systemic threat to bitcoin so it is much more better investment don't care about the price fall.

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May 26, 2018, 04:45:24 PM
 #12

Hello!

I was noticed that last month March the price of bitcoin is about $9000+ in April the price is $8000+ and at this month the price drops and it still slowly going down at $7600+. So for those who are been here in crypto world at a long period, what are reasons why the price of bitcoin are slowly falling?

It is because of buyers and seller? Or there was a another reason why this happened?

Can you share your ideas, knowledge and experienced for all of us as begginers.


Thank you!

FOr me the main reason is that Consensus fail to deliver anything great, most people went there just for the hype and the developers now are tuning the space into showbiz, another thing I guess is the investigation by US Justice department looking into the pump and dump activities of Cryptocurrencies


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May 26, 2018, 04:47:58 PM
 #13

It seems to me, all in indecision now. It seems that they understand that large players have entered the market and continue to fall, and, on the other hand, are afraid that there can be also other correction. But all the same, more, all are inclined to growth and only wait for a suitable case for him.
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May 26, 2018, 06:34:49 PM
 #14

I was noticed that last month March the price of bitcoin is about $9000+ in April the price is $8000+ and at this month the price drops and it still slowly going down at $7600+. So for those who are been here in crypto world at a long period, what are reasons why the price of bitcoin are slowly falling?



There are too many factors why the price of bitcoin is going down, based on my observation, market manipulation, media manipulation, regulation and many more, but if you see the graph this is just normal like the last year 2017, if you study the graph you will discover quite interesting about the pattern of the graph, we traders don't matter about that because we earn profit because of bitcoin volatility
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May 26, 2018, 07:20:59 PM
 #15

i think bitcoin and others cryptocurrency is find a good bottom and strong support zone
then after hit it, most of crypto price will bounce hard,,,so, don't be panic in this market situations  Wink
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May 26, 2018, 09:28:21 PM
 #16

 It seems to me that the market has not yet come out of correction after growth in 2017. Many financiers expected the resumption of the bullish trend this spring. But as we see the correction continues and it is not known when it will end. But now is a great time for shopping.

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May 26, 2018, 10:17:10 PM
 #17

the main reason for bitcoin downfall is government agencies working on bitcoin price manipulation so now government probing
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May 26, 2018, 10:20:01 PM
 #18

Me and all my friends beleive in crypto and bitcoin and didn't sell BTC cheap as now! So if anybody I know don't want to sell - it's price manipulation, we don't know who is dumping BTC price and why but it's evidently for me, maybe  government agencies.

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May 27, 2018, 01:02:49 AM
 #19

A lot of this has to do with the Mt. Gox Trustee dumping coins. He has several hundred thousand Bitcoins that he apparently can dump whenever he feels like it. This whole situation has been a stain on the crypto world for years now. Can't wait for it to be over with.
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May 27, 2018, 01:25:57 AM
 #20

Well there are some point why the market of cryptocurrency are going down right now if it isn't with manipulation we are seeing correction with the price and this is needed and at some point we would need to accept that Crypto is very volatile indeed, I really think that the floor for the amount of bitcoin is at the $7000 mark and if we can stay in this price on November we can see another bull run, But if it would go down any further than that then the bull run will have to wait.
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