Why the cryptocurrency market going down?

[ragavancoin]

I didn't getting the point of cryptocurrency market going down from past 3 weeks. This the right time to buy more or existing from all my investment in coin and tokens.

[Utyg]

market as an organism, he lives and reacts to any real and fake news. But if we look back to the past to the beginning and middle of summer, we always expected a splash and growth of bitcoins. But before that, we always flew into a pit into which we merged without sparse, weak-willed guys who doubted their success. What awaits us this year. I think that soon the vote will grow.

[prankbox]

I didn't getting the point of cryptocurrency market going down from past 3 weeks. This the right time to buy more or existing from all my investment in coin and tokens.

Because big guys sell it. Most probably they want to at the lowest price, so they push it down. Just keep waiting and get into the market with them, you can't miss it when they start buying.

[Nuex]

the possibility of a meeting between the united states president and the north korean president being the cornerstone of bitcoin and altcoin prices fell several days ...

[Fuhre]

many rich people or old investors who sell it on a large scale and coupled with new investors who panicked because it saw a large sale, because it causes prices to go down and they also follow-sell it. I think if the new investors are good at strategizing they will get many benefits. I would argue that the thing that is happening now is a turning point to achieve a high price. I think the market will be back to normal if we remember that bitcoin value is designed to fluctuate, so my advice is to buy as much bitcoin as you can, if many people buy botcoin, of course, the price will go back up high.

[kolsernik]

It is necessary to study many factors that affect the fall of the exchange rate.This many do not like but in fact it's a game of big whales and only.Do not rush to withdraw your tokens at a low price.Over time, the course will recover

[paynercash]

I didn't getting the point of cryptocurrency market going down from past 3 weeks. This the right time to buy more or existing from all my investment in coin and tokens.

Because big guys sell it. Most probably they want to at the lowest price, so they push it down. Just keep waiting and get into the market with them, you can't miss it when they start buying.

Many of the world's major exchanges are subject to financial scrutiny and other bad news has left investors wary and unable to hold back their coin, though it is losing a lot. In the worst scenario BTC can drop below 3k $ and that is a very bad time for this market.

[Pet240]

I think it is due to some news going round. I read from somewhere, but cannot vividly recall the link, but the info says that some exchanges are being investigated and people because of that are panic-selling.

[shinratensei_]

I didn't getting the point of cryptocurrency market going down from past 3 weeks. This the right time to buy more or existing from all my investment in coin and tokens.

Another decline was coming from the latest news of LA traders are getting jailed by the government. Those are wanna making free money should move to the outside US. And i guess the bitcoin can't even find any support line to bumping the price back again to the above 7k. You can try to see the fundamental things that supported this bearish through a lot of the reliable sources.

[tuvic01]

I really don't know what the cause of the fall in the market price at this stage,everything seems to be on the low side with a lot of tokens and altcoin going down the deep. But even as this stage the good news is that it is the best time to invest in many altcoin and hold till we have a good price again and sell.

[kemonojim]

Bitcoin and altcoin prices almost all decline, this is caused by the number of people who sell coins rather than buying coins, that's why the market continues to decline because the market is being flooded coin. And we can take advantage of this momentum to buy more coins to hold it until the market recovers.

[patt0]

I guess there is no particular reason for what is happening. Markets can't grow forever, that is simply unsustainable. There are cycles of growth, followed by a cool down, and during that cool down, where there simply isn't a lot of people buying, and some are taking profits from the previous bull run, it's normal for declines like this to happen. I've seen this in a lot of markets, and this is perfectly normal consolidation. Bitcoin is not a bubble, I think we all know that for now, so we just need to patiently wait for something to happen again, that could ignite the interest in this market again (ETFs, increase in adoption, institutional investors jumping in, etc). Until then, we will probably continue like this for a while.

[abake]

Two factors to be considered to happen when things fall apart like this is maybe whales sells out some portion of the ASSET while the second one is when FUD are spreading around and the weak hands are selling

[Landied]

I didn't getting the point of cryptocurrency market going down from past 3 weeks. This the right time to buy more or existing from all my investment in coin and tokens.

i think it is just the way things are, we can not really do dpmething about it, it is just life, nothing else. Get used to it, my friend

[Landied]

Two factors to be considered to happen when things fall apart like this is maybe whales sells out some portion of the ASSET while the second one is when FUD are spreading around and the weak hands are selling

i have never thought about it that way, so maybe you have a point. I need to think about it for a while. Anywayl i prefer to stay positive

[bluesmoke]

As Bloomberg published a news about exchange got hacked, this causes the market crash. We need to wait for next week to be recovered.

[Marine8]

The market is going down, but are you surprised this is happening right now? Market will always go down and rise, its a normal trend in cryptocurrency. The market goes down and gives you and I an opportunity to buy more and hold so that we will stand the chance of making profit in the near future. So it is not strange.

[James ssi~]

I didn't getting the point of cryptocurrency market going down from past 3 weeks. This the right time to buy more or existing from all my investment in coin and tokens.

Because big guys sell it. Most probably they want to at the lowest price, so they push it down. Just keep waiting and get into the market with them, you can't miss it when they start buying.

Yes i guess its their strategy to conquer the market, Its always been like that since the market , all you need to do is to hold your funds and wait for it to rise again, patience is needed here in crypto.

[oaks05]

not of these cryptos have the legs to stand on there own yet, so when bitcoin goes down they all go down just how it works, ya everyone is taking a beating but just part of the game.

[Catorabu]

Speculation. Whales will rule this market.