Main reason for the price drop

[bennypagulayan]

I read some news this last week, and there is some indication of wash trading and spoofing going on, so the prices are dropping.

Do you think this is the reason, or the movements of the market are normal ?

The prices are always not in a same range it has some up and down we are invester and we are decision maker so don’t follow others comments think for your life then decide if suitable or not.

The main reason for the recent price declines is that the dominant market for whale investors is that they want the market to continue to decline so that small investors have to sell all that they have and Whales will buy coins at very cheap prices. I think the market will continue to decline until mid-June to recover.

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[colkcolk]

As said by all of you, some factor caused price to go down is US investigation. This make people to be worry then psychologically they release their coins. Other thing with almost in the same time is the releasing bitcoin stock of Mt Gox to increase the supply, economically the price decrease by increasing the supply while demand has been pushed by above US investigation. 

[chiko27]

I think the cryptorrency market is fluctuating so that the negative news of the US Justice Department's investigation affects the fall in market prices. we just need to see this as an opportunity and definitely the price will still recover soon.

[tomahawk9]

I think it's as a result of various negative news leading to low confidence in the market

We haven't seen any major news that would trigger such a massive dump in the last couple of weeks, just speculation and rumours which we always get. The low confidence might be a result of the bearish sentiment that's been surrounding the market for the past few months which all it does is supress buying pressure not trigger a sell-off.

All in all, I think the dips we've seen lately are not related to any news specifically but more with random big btc dumps, most likely from whales trying to tank the price so that other whales can buy cheap.

[Torrenth]

I read some news this last week, and there is some indication of wash trading and spoofing going on, so the prices are dropping.

Do you think this is the reason, or the movements of the market are normal ?

I think this is only a correction, and if you look at the current market prices are still normal and not too far down, hopefully the market will recover soon.

[concept2]

The main reason why the price drops is that the whales. They control everything on the market

[stomachgrowls]

The main reason why the price drops is that the whales. They control everything on the market

Common reason but the big question is we wont able to see on how they do sell off but for sure they are one of the common factor why we do see decline but also even conventional traders do make some profit taking which as an investor you will really sell out for profits.Main reason doesnt really focus only on one but there are lots of factors to consider or try to check out.For now instead on minding on the dip, better to go out and have a vacation and comeback later.

[Superways]

I read some news this last week, and there is some indication of wash trading and spoofing going on, so the prices are dropping.

Do you think this is the reason, or the movements of the market are normal ?

I do not think that this time there is any reason the because of which the price of bitcoin got a shock and the price dropped. This time it is obvious that there is no any bad news and no any bad step took against bitcoin but actually some people started to fud against bitcoin and because of that the price of bitcoin started to decrease. But this will not go for longer and the price of bitcoin will recover sooner with a good gain.

[Korkorjkk]

The prices drop when a lot of people are selling the coins. But if you are able to hold it for a while, then the prices will be high when you want to sell them

[hatsoff2btc]

I think it's as a result of various negative news leading to low confidence in the market

We haven't seen any major news that would trigger such a massive dump in the last couple of weeks, just speculation and rumours which we always get. The low confidence might be a result of the bearish sentiment that's been surrounding the market for the past few months which all it does is supress buying pressure not trigger a sell-off.

All in all, I think the dips we've seen lately are not related to any news specifically but more with random big btc dumps, most likely from whales trying to tank the price so that other whales can buy cheap.

The main reason for price drop is the negative news and panic selling that affects the demand of bitcoin and brings reduction in rate of demand. The increase and decrease in responsible for the up and down of Bitcoin price which in turns get affected by the panic selling and the negative news about the crypto market. The market has gained all the demand but some times affects with this but we have seen that Bitcoin has grasp over all these factors.

[Clark05]

There's a lot of possible reason why the bitcoim price drop or dump. Maybe these reason can cause price dropping.
The news about bitcoin who article is neagtive can affect the price because people who are have bitcoin can panic and sell their bitcoin . But don't worry now because the price again pumping.

[mudasarali43]

I think when any news badly affected than people feel negative and start to sell and when this trend start the other are selling by watching the downtrend and with the thread of red candles they feel fear and selling and selling and that is why the drop more,

[James andrew]

I don't know why all crypto market and bitcoin price is drop it is very bad for us but I hope all market again rise and they are all again come same place

[nieninja53]

I think it is totally demand and supply when market goes little down and there is no demand for the price dropping more and more with non-breaking and that is why the price is drop down more.

[mulukey]

There's a lot of possible reason why the bitcoim price drop or dump. Maybe these reason can cause price dropping.
The news about bitcoin who article is neagtive can affect the price because people who are have bitcoin can panic and sell their bitcoin . But don't worry now because the price again pumping.

I also believe that the market will rebound strongly in June so investors can rest assured if they are holding many altcoin. In July, the market may continue to decline so there should be a reasonable investment strategy in this period to protect its assets.

[vasrasus]

I think when any news badly affected than people feel negative and start to sell and when this trend start the other are selling by watching the downtrend and with the thread of red candles they feel fear and selling and selling and that is why the drop more,

Before its due yo fud, but this past few weeks its more of manipulation there are no news that can bother the market now, so it might be a group manipulation to buy some at lower price.

[posi]

I think when any news badly affected than people feel negative and start to sell and when this trend start the other are selling by watching the downtrend and with the thread of red candles they feel fear and selling and selling and that is why the drop more,

Before its due yo fud, but this past few weeks its more of manipulation there are no news that can bother the market now, so it might be a group manipulation to buy some at lower price.

You're correct because after the blood bath the market correct occur and the market ought to be experiencing some little simultaneously pump in price but the whales manipulated the market in other to buy dip before another ATH.

[bitterguy28]

I read some news this last week, and there is some indication of wash trading and spoofing going on, so the prices are dropping.

Do you think this is the reason, or the movements of the market are normal ?

FUD news are main reason of price drop effect, but I know bill gates are popular and genius person in the world of new technology in the computer science, starting bill gates state this thought's abput bitcoin uselss currency the price goes dump, but I still believe bitcoin still strong currency.
lately FACEBOOK MANAGEMENT against in crypto currency but now if I'm not wrong FB are making their own crypto coins.

[creeps]

I read some news this last week, and there is some indication of wash trading and spoofing going on, so the prices are dropping.

Do you think this is the reason, or the movements of the market are normal ?

It can be but of course there's a lot of factors that need to be consider, maybe there is no real reason why the price is dumping. Correction is still possible, and I think FAKE news make this thing market more volatile and the price of great coins are easily dumping. 

[GermanGiant]

Yes, this is normal for the market. I recommend staying HODL and don't panic. Because whales want cheap prices for investment. But a few more days the market will soon be up again.