What is the Main Reason behind this Bitcoin Fall?

[kickdapa]

I Never thought that I Have to see bitcoin is under 7K USD again in This year. Because we already did this about a couple of months ago! And now Repeat Bitcoin is under 7K USD! And the market trend says that Bitcoin can go under 6K USD too. But what is the actual reason behind this vast fall? I haven't seen any robust lousy news or anything like that, Then why bitcoin is continuously decreasing? My friends are laughing at me, who sold their bitcoin when it was 14K USD! That time I told them you guys are doing wrong, Hold your bitcoin, Bitcoin Price will rise again. And now I am regretting really 

[Kotone]

I Never thought that I Have to see bitcoin is under 7K USD in This year. Because we already did this about a couple of months ago! And now again Bitcoin is under 7K USD! And the market trend says that Bitcoin can go under 6K USD too. But what is the actual reason behind this vast fall? I haven't seen any robust lousy news or anything like that, Then why bitcoin is continuously decreasing? My friends are laughing at me, who sold their bitcoin when it was 14K USD! That time I told them you guys are doing wrong, Hold your bitcoin, Bitcoin Price will rise again. And now I am regretting really 

To me I think that this fall is just as surprising as every time that bitcoin suffers a fall. But I thibk that one of the reasons is due to news that some countries are barring it and rumors that whales might be about and trying to stir this so that they can buy more bitcoin seems likely. I for one am also watching the price drops and the news surrounding it as this would be the time that would test our conviction to the bitcoin market

[hugeblack]

The price is resisting above the $ 6700 level, which means that a corrective wave will follow the recent decline.
I also think this decline forced due to influences beyond the usual supply and demand "Bad news or regulatory action."
Will the price remain in this range? I do not think so but "every session has a different discussion."

[batang_bitcoin]

But what is the actual reason behind this vast fall?

It can be this incident.
Coinrail Exchange Hacked, Loses Possibly $40 Million in Cryptos

My friends are laughing at me, who sold their bitcoin when it was 14K USD! That time I told them you guys are doing wrong, Hold your bitcoin, Bitcoin Price will rise again. And now I am regretting really 

What you feeling isn't different to most of the holders here.
Let them laugh for now if they have sold at $14,000 and if they are thinking that they are in profit now. Just don't think about them, focus on your holding.

[Proton2233]

But what is the actual reason behind this vast fall?

It can be this incident.
Coinrail Exchange Hacked, Loses Possibly $40 Million in Cryptos

My friends are laughing at me, who sold their bitcoin when it was 14K USD! That time I told them you guys are doing wrong, Hold your bitcoin, Bitcoin Price will rise again. And now I am regretting really 

What you feeling isn't different to most of the holders here.
Let them laugh for now if they have sold at $14,000 and if they are thinking that they are in profit now. Just don't think about them, focus on your holding.

It seems to me that the hacking of the exchanger can not affect the price of bitcoin. The news that somewhere hacked the exchange will not make me sell coins at a low price. It's stupid. I do not see a large increase in trading volume on the exchanges. The demand has nothing to do with the current decline in prices. This is speculation.

[RaymondCrypto]

they said due to hacking

[yunyun3014]

the fall now was some exchanger were under investigation regarding the market manipulation

[Syunusa]

The main reason for depreciating of price of bitcoin is the Government is trying to regulate digital currency and also some whales have forecasted the price will reach $40k by end of the year and they are now using their power to bring the price down so that they can accumolate enough before the price will increase.

[ShadowBits]

I Never thought that I Have to see bitcoin is under 7K USD again in This year. Because we already did this about a couple of months ago! And now Repeat Bitcoin is under 7K USD! And the market trend says that Bitcoin can go under 6K USD too. But what is the actual reason behind this vast fall? I haven't seen any robust lousy news or anything like that, Then why bitcoin is continuously decreasing? My friends are laughing at me, who sold their bitcoin when it was 14K USD! That time I told them you guys are doing wrong, Hold your bitcoin, Bitcoin Price will rise again. And now I am regretting really 

Everybody knows that there is an Exchange that has been hacked. And it is so normal since Bitcoin's price is so near to the major support line. So, you should try to hold on much longer.

[fiulpro]

I do think that the biggest factor is the governance by the whales.
They along with bigger companies holding a fair share of Bitcoins , tend to change the market according to their will and that's something that's not good .
The price also usually goes down around this time , but it doesn't drop that much.
I think also the festival season was near thus people encashed the Bitcoins and also the whales , summing up both of it could decrease the price of Bitcoins enormously , it could be the reason ..we cannot be sure of anything completely because it's decentralized.

[markiplier.jack]

probably because of the hacking that happened in the Korean exchange Coinrail and also after the news that wall street was investigating 4 major cryptocurrency exchanges on alleged price manipulation.

[cryptoasis]

I think the main reason is spreading FUD.  May be that 95k BTC shifted to exchange but if that is the case market had digested that sell-off because volume last 24 hour is around 100k higher than usual, and as market has digested that 95k btc sell in cost of $600.

[charlotte04]

I Never thought that I Have to see bitcoin is under 7K USD again in This year. Because we already did this about a couple of months ago! And now Repeat Bitcoin is under 7K USD! And the market trend says that Bitcoin can go under 6K USD too. But what is the actual reason behind this vast fall? I haven't seen any robust lousy news or anything like that, Then why bitcoin is continuously decreasing? My friends are laughing at me, who sold their bitcoin when it was 14K USD! That time I told them you guys are doing wrong, Hold your bitcoin, Bitcoin Price will rise again. And now I am regretting really 

Same old story that we have to face. Some people made a FUD. I really doubted that the exchange that was hacked was made off by themselves to scare out of people to sell their holdings.

[Angle22]

Try to see the current market conditions, ETH more dominate, now it is more online transactions conducted through ETH than on via BTC.

[Silenox]

I think the Coinrail hack and the price manipulation investigations on some exchanges may have affected the price, but we also do not have fuel for new highs, the market was walking sideways for a few days, and with that news had what it needed to fall.

[hasmukh_rawal]

I Never thought that I Have to see bitcoin is under 7K USD again in This year. Because we already did this about a couple of months ago! And now Repeat Bitcoin is under 7K USD! And the market trend says that Bitcoin can go under 6K USD too. But what is the actual reason behind this vast fall? I haven't seen any robust lousy news or anything like that, Then why bitcoin is continuously decreasing? My friends are laughing at me, who sold their bitcoin when it was 14K USD! That time I told them you guys are doing wrong, Hold your bitcoin, Bitcoin Price will rise again. And now I am regretting really 

Nobody can say what the exact reason was behind this decline but we can surely predict the possible reasons why this happened.
It might be because of the recent south korean exchange hack . Coinrail is the 99th top most crypto exchange which got hacked recently leading to a losses of about $30 million. Media says that this was the reason behind the Bitcoin price fall whereas there are people saying that it was because of the probe launched by the US regulators to identify the price manipulation, which made Bitcoin fall below $7k . We can't really say what caused the fall.

[BrewMaster]

they say it was because of that exchange hack but i think people have been looking so hard for some reason to blame this fall upon and they finally found it after the fact!

in any case when things are like this in the market i personally prefer not to speculate any more and also stay away from trading bitcoin. if you have coins you want to sell then do it and stay away and if you have coins you want to hold then hold it and stay away.

[lamcouz]

It has to be for better future because crypto currency can give us the freedom of using money without any restriction so we have to invest not to have better future.And also for making profits because many people keep doing crypto currency investment for their only source of income because here we can earn lot of money than our daily job,so we have to choose bitcoin for sure but the condition may differ from each person.

[Wexnident]

I Never thought that I Have to see bitcoin is under 7K USD again in This year. Because we already did this about a couple of months ago! And now Repeat Bitcoin is under 7K USD! And the market trend says that Bitcoin can go under 6K USD too. But what is the actual reason behind this vast fall? I haven't seen any robust lousy news or anything like that, Then why bitcoin is continuously decreasing? My friends are laughing at me, who sold their bitcoin when it was 14K USD! That time I told them you guys are doing wrong, Hold your bitcoin, Bitcoin Price will rise again. And now I am regretting really 

For me, I think the one of the biggest reason of bitcoin was very down until now, it is because of some people that trying to manipulating it. One of this are the continuously spreading of negative or bad things about bitcoin so it can be much affected to the demand of it. Because of the negative news regards to bitcoin, there are a large number of people that are in doubt now in investing to it because they already felt scared and not sure enougn to involve to it.

[Lazada]

I Never thought that I Have to see bitcoin is under 7K USD again in This year. Because we already did this about a couple of months ago! And now Repeat Bitcoin is under 7K USD! And the market trend says that Bitcoin can go under 6K USD too. But what is the actual reason behind this vast fall? I haven't seen any robust lousy news or anything like that, Then why bitcoin is continuously decreasing? My friends are laughing at me, who sold their bitcoin when it was 14K USD! That time I told them you guys are doing wrong, Hold your bitcoin, Bitcoin Price will rise again. And now I am regretting really 

This incident is a thing that can not be avoided, the decline in bitcoin prices occur due to various aspects. The feelings you experience must also be experienced by many others. Disillusionment is bound to arise, but again it is unpredictable. All we can do is try to minimize the risk that might happen.