The whole market is going down. Any particular reason for that?

[Andrej Peiboski]

Bitcoin movements are essentially due to speculation, so it is virtually impossible to find a logic.
If prices fall at this moment, it is because some of the big ones are worth it.
Yesterday there was a jump of 10% up, and after a few hours the price came back down.
There is no sense.

[Wend]

I think the most logical reason when market prices worsened, is when many of his investors who sell on a large scale, this makes other investors panic and sell assetnya also making prices fall, no other reason.

Don't be panic if the market was going dump, Actually it is always like that to going dump or pump.
Because we know it will be back soon if you hold some of our coins that we have.

[DeadCoin]

We all know about the market it goes up and down, this is common in the crypto world. Don't worry about the current  price just buy more bitcoins at low price and hold it for future. Surely the market will recover at that we can see the good profit by selling the coin. There is no specific reason behind this but some says big whales are manipulating the market, due to panic people sell their coins instead of holding. But these are normally happens in the crypto market. Once the market recover many people are ready to invest in bitcoin.

[shadowduck]

At this time , few can give a forecast for growth, just many hope that sooner or later the market will be the same, where everything is only growing but so far we have a bear market.

[Juliedarwin]

Guys whole market is going down rapidly. Especially see the ETH price. it is crazy.  But I didn't see there is the specific case except  ETF. Can anyone guess when will be market recover? 

At this time I would not say market can easily recover that much as things to be possible. Everytime I look at the ETH price it's almost not changing the price, and I think it's more have time to become like that, but hopefully and I wish that one day it's almost perfect of time to be happened.

[Speedzy]

Guys whole market is going down rapidly. Especially see the ETH price. it is crazy.  But I didn't see there is the specific case except  ETF. Can anyone guess when will be market recover? 

that is very common, and for this year there have been 7 times or more movements chart like this. but this august and september is the lowest for this year. and certainly all will rise again when the price of bitcoin starts rising too. well nobody know when price will recover but for sure it will. thats why some people more said this is advantage.

[resty]

Guys whole market is going down rapidly. Especially see the ETH price. it is crazy.  But I didn't see there is the specific case except  ETF. Can anyone guess when will be market recover? 

This is also related to many scams incident that's why volume of supporters and user are quietly discharge or split to their usual activity then it will affect to the whole market that simultaneously going down, I think if the price going strong and continuously higher many people are gradually rise again.   

[Pattart]

Bitcoin movements are essentially due to speculation, so it is virtually impossible to find a logic.
If prices fall at this moment, it is because some of the big ones are worth it.
Yesterday there was a jump of 10% up, and after a few hours the price came back down.
There is no sense.

Yeah prices go up and down because they are influenced by news and speculation, or other factors. some time ago the price dropped because bitcoin ETF was rejected, it's one example of how news affects the market and it could be a high price increase if ETF is accepted. speculation, news, issues affecting the market..

[spongegar]

I'm more on the fact that there was a huge spike at thr beginning of the year then a price correction after that resulted to people pulling out their investments. Then again, I'm quite enjoying that fact that the crypto currencies are kind of on sale. I cannbuy more to beef up my portfolio and watch it rise on the bull run.

[leexhin]

The market is going down because people are taking their profit converting it into Fiat,
That is the only reason I see why the market keeps on going down.

[squog]

I don't know if we should be paniced about this. What i do understand is that all coins right now are so affordable that you could opt to buy one or more whole coins and wait for it to be expensive again. I mean this bear market is not going to be for a whole year. Lastly, i think investors are wary of getting in crypto currency after that huge spike and dip.

[sirohige]

if the market is falling then you should be able to take advantage of that moment to be able to buy as much coins as you can and after that you can wait until the price rises again or you can use it for short-term trading.

[chokomenia]

Market is going down because a lot of people are scared and they are selling off their asset which makes the market to go dip down, as for market recover, market is making a slow recovery now but it won't recover completely unless something like bitcoin ETF approval happens, before market will recover, it needs a huge news that will create a great fomo which will make people to jump right in and starts making investment.

[aencarnaci]

The market is going down because people are taking their profit converting it into Fiat,
That is the only reason I see why the market keeps on going down.

At this stage, I would say the market has really gone down more than enough, and it is possible we can even start seeing a retrace as the case may be.

We just need to understand that it is a normal thing for a market to experience a downtrend which is called correction after an uptrend, and most especially, when that uptrend for fueled by greed at some point and every newcomer FOMOing.

The weak hands will always get to bail out and repeat the same process again and as long as they keep doing the same thing over and over again, while expecting different results, the whales will keep having a filled day. If a market is going down, then, buy the dips, it is just a chance for everyone to get equal chance, but since a lot of people are just after the getting rich fast thing, the joining of FOMOs is one thing they will always do.

[Stervyatnik]

I think that the reason for the lack of demand for coins after the last time, mainly to withdraw funds in Fiat, with the result that the cap falls, and with him the price!

[gamechangers]

I find it a bit difficult to believe any reason given by anyone for the current price of cryptocurrencies. All are mere speculations. I hope there is no hidden manipulation happening. All I can do now is wait for the right time because the price will come up one day.

[waqasniaz007]

Guys whole market is going down rapidly. Especially see the ETH price. it is crazy.  But I didn't see there is the specific case except  ETF. Can anyone guess when will be market recover? 

Last year there was no ETF and there was FUD of China and later bitcoin price jumped to $20k. This year ETF. This is the accumaltion period and whales are accumulating. Almost every top altcoin is oversold on RSI. Bull run is near. November will be biggest month.

[StacksCity]

Supply & Demand.
There's no correlation with the progress in technical development at the moment.

[arifteguhr]

At this time , few can give a forecast for growth, just many hope that sooner or later the market will be the same, where everything is only growing but so far we have a bear market.

the current market is normal. no one needs to worry too deeply. all will be able to return. as we know that the market will still recover

[DRVX]

Supply & Demand.
There's no correlation with the progress in technical development at the moment.

Additionally, too many people decided to convert cryptocurrencies into traditional money last year, when Bitcoin and altcoins reached their maximum. The crypto market lost a lot and started falling.