WHY THE SUDDEN FALL IN BITCOIN PRICE?

[pawanjain]

Don't you read crypto news mate ? You can easily find out the reasons of increase/decrease in price of BTC and various currencies if you follow the crypto news. According to news the recent fall in the price is due to SECdelaying the ETF announcement and further the latest news says about the insider trading rumors of Bitmex exchange. These have made the price lower and the prices won't increase until there is a strong positive news about BTC.

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[blackhawkeye1912]

One of the reasons, I think, was the hacking of bitcoin made large exchanges. These incidents made investors felt the insecurity of the bitcoin investments. Emotions were high with the investors that brought a negative outlook with the market.

[yvesp110]

I have been wondering what could be the possible causes  of the sudden fall in the price of bitcoin and the altcoins.I know from experience that it will surely rise again but I wish to know the possible causes of the fall in prices.

it is because the supply is high thats why theres a sudden drop of bitcoin price

Now in market more and more people are selling only because they don’t know that soon the price of bitcoin will rise high, price is increasing more and more but those who have low temper and sell at the panic, selling right now is making price down, so it is not good to sell at panic just have patience soon price of bitcoin will be high once again.

[uchiikina14]

I have been wondering what could be the possible causes  of the sudden fall in the price of bitcoin and the altcoins.I know from experience that it will surely rise again but I wish to know the possible causes of the fall in prices.

The sudden fall in the bitcoin price is that there are only a few coin that is circulating in the market cause there are only a few who invest. The coin that is only circulating now is from the people who invest last year. If there are many people who will invest on the market then the price of the bitcoin will not fall cause the coin is in demand due to many people who is investing on it.

[Daseento]

Alot rest on the outcome of SEC decisions on numerous ETF applications filed before her. Unfortunately, the decisions have not been favourable so far which is why many are skeptical about Bitcoin and several investors are pulling out of the market. If we can secure ETF approval then we might witness another reasonable upsurge in price.

[Tamilson]

I'm more bearish than bullish, but I'm definitely happy to break down out of this wedge pattern, trading has been predictable and boring (atleast on the trend) and looking to mix it up with some newer opportunities.

Stay safe, take calculated risks, and hopefully the bull market is right around the corner, good luck!

Seemingly, you're very optimist in the current situation of the market and didn't bother by all the fuss in the market and that's the spirit tho.

And I know many had shaken weak hands and after this fall the one who believe are the one that will see the moon. Fuds will not be gone here so be used to it and love every flaws.

[ipanks]

maybe you need to know what did happen in January 2018 because the beginning of the falls happens in that month and I think you can find a good information by analyzing the situations in that month. and from that month, we still going down and even we reach the lowest price in the last few months but we have a chance to see the bitcoin price increase again in the next months. people become panic because of the bad news, people cannot be patient to wait for the price and else.

[usekevin]

You have to keep one thing clear.Since bitcoin is the digital currency and decentralized behaviour,the price will fluctuates for sure .So use both the upward and downward fluctuations to sell and buy bitcoin. Actually ,you will get more profit by this fluctuations.You should use the opportunity to shine in trading.

[oanhphong]

One of the reasons why Bitcoin's poor liquidity and Bitcoin prices have fallen sharply is that less and less interest from investors. At the time when the market was excited, investors saw Bitcoin as a super-profitable investment, so BTC's price could easily recover after each drop as there are always new investors who want to buy Bitcoin at good price. However, the current situation is far different.

[coffigayo]

I think there is a reason for the decline in the price of Bitcoin, but there are good things about cryptocurrency, everything in the world is like a wheel, always spinning. Sometimes they are above and sometimes below. But we cannot ignore the fact that investors are getting smarter in their investments. They might be interesting one day intra or trading for everything we know. And on this bearish trend, everyone will do everything to make a profit.

[mabell943]

There are many factors affecting BTC and most of the cryptocurrency to drop that low. One of my theory and opinion about this it is because of the price increase of the BTC last December 2017. Why? First because of the jump of $20k price of BTC more people trade their coin and so much of mining company has opened and started to get BTC. Because of this mining companies the supply of the BTC was increase filling the amount of the demand of the people wants to get some. So the price suddenly drops as the people wanting to have BTC was doubled in mining.

[gabmen]

There are many factors affecting BTC and most of the cryptocurrency to drop that low. One of my theory and opinion about this it is because of the price increase of the BTC last December 2017. Why? First because of the jump of $20k price of BTC more people trade their coin and so much of mining company has opened and started to get BTC. Because of this mining companies the supply of the BTC was increase filling the amount of the demand of the people wants to get some. So the price suddenly drops as the people wanting to have BTC was doubled in mining.

Well i think that's already an accepted fact. I don't think bitcoin was meant to pump that high last year esecially at the pace it did it. Many consider this as still part of the correction though i think several factors also add to why we've been mostly red. Doubts and fear for new investors? Manipulation? Too many fud about regulations?

[tenakha]

In my humble opinion prices are reflect of market activities like buying and selling power of balance. Expecting only one bias of equilibrium is worst mistake on volatily market like cryptocurrency market and penny stocks. Market activity can be measured is naked price chart which is only visible for traders who already passed 10k screen time.