Reason behind falling Bitcoin?

[imoet]

BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!

You should not say like this. Because the price already up little bit. We should believe that the price will get better soon. We can not determinate what is the exactly reason. But I believe that the price will grow. Just hold it! Keep wait and learn the market situation.

[antsam]

The reason I read from several online sites is that regulations are still unclear in many countries, as well as frequent break-ins.
But I hope investors will soon find their passion back so that prices will immediately rise

[tttuida]

The market is not getting stronger so the base for the increasing BTC is not here so this coin is falling thanks for this lack of foundation, this is my point.

[sourish]

The whole year has gone trying to find reasons for the fall, some clinging at straws, blaming everything possible on it, but so far in this year none has been able to pinpoint with any certainty, the root cause of the fall.

[citydragoon]

The time is behind of this. The end of each year always have such changes and there is not something surprising or bad. It will get its profit quite later.

[MohamedJones]

The main characteristics of bitcoin is its volatility, its price may rise or fall anytime. And the value depends on the demands and supply of the investors and their related products. So, the bitcoin price might be a bit downward but it might burst out and got skyhigh too.

[victory.lil]

Frankly speaking, there are a lot of reasons, but they will not be implemented today, because today people have an interest in this project and most people, on the contrary, support the BTC project as the project can and will be very popular.

[aencarnaci]

BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!

I am not sure whether we are in the same market together, or probably you are seeing an entirely different chart, but one thing I can see at the moment right now is just the market trying to find a direction and not a market that is falling to a pit like you have so called it. Even though it ends up falling to a pit, it still valuable and that is all that matters and knowing how valuable it is, is what would make you to easily picture the long term and take advantage of the fallen prices now. The reason behind the present correction is just that it is normal and healthy and I do not know why a lot of people just do not get that.

The reason of falling of the price for bitcoin is very simple. People who bought it a year ago just have begun to withdraw the money and to lock in profits in dollars. And new inflow of people very small and the price doesn't grow.

I guess most of the time, we always get to put some reasons that best suits us as people and then we tend to not realize the fact that this is a market and as long as a market shoots up and gets over bought, the chances of a reversal is something that is normal. We are in a corrective phase, and I do not see any market that has gone to the pit like the OP mentioned, and anyone who knows that this is just for the mean time, they will understand pretty well that this is a market that has been growing over the years, and it has obviously not stopped growing as far as I am concerned.

[nl247]

I think that there was no even a difinite reason behind it’s drop. It was something like a small drop, but hamsters started to panic

Those who are panicking now because of some simple correction will most definitely have themselves to blame in the long run as that is one thing I am certain of.

A lot of people tend to look at the market in the light of the short term and tend to miss sight of the long term goals, and when a little correction comes, they tend to chicken out like little babies.

What is going on at the moment is normal, but if we are to look at the long term of things, it is still a very good thing to see this market growing yearly, and if that is not something good enough for anyone, I wonder what then is good enough for them.

[Sponsoredby15]

Right now Bitcoin is now stable at $6000-$6500 price and continues to move forward slowly. The reason why Bitcoin fall this year is because of the bubble last year. Bitcoin is over bought even altcoin.

[andrej.safronov.1990]

No reason, just manipulation of the market, it's the usual waves in the market, nothing serious, if you know how it is a good opportunity to make a difference of course.

[Golftech]

Because of that huge pumped happen last year and the massive dumped which is still occuring up to now, interest coming from new investors have been lessens, afraid being trapped so they are just watching how the market will behave while those who's been lucky holding bitcoin a year before are already
cashing out their earnings making the value of bitcoin still dropping as they can play the market with the amount that they've hold.

[karthcrypt]

Bitcoin is evolving to more better coin and this process will involve some volatility and different growing and development issue.  Bitcoin is undervalue and any smart investors would give taking position by now!

[herurist]

BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!

No one know the reason but I believe will still goes down at lest until end of the year. I use MACD and RSI to predict market trend and that's the result, so prepare your self for the worst. If you need cut loss just do it because prediction can be wrong and maybe bitcoin will never comes up again.

[chairmanMao]

There is no real reason. This is only the cyclicality of the economy. The cryptocurrency is also crazy. It needs to settle and then grow again. This is a financial game.

[Moxivuki]

Although Bitcoin is falling, Bitcoin is still the king, it is not behind, it is still a symbol of free trade and cryptocurrency!

[ufalo3]

BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!

The whole market is falling, not just bitcoin. There is no exact reason, I think this is a common adjustment. Soon there will be recovery and growth. You have to be patient. I think 2019 will be great for bitcoin.

[LubovOF]

I think no one will tell you the cause of the fall, and also growth, no one knows the answer to this question, one thing that I think about it, what is the drop swapno with large growth.

[Gasolindance]

Yes, agree with your word. Bitcoin just live so long, U think. It's time to change the top coin and give the chance to perspective altcoin like ethereum, you know.

[Bunk67]

What i see has the major reason behind falling of bitcoin is that People are not investing , people don't meet what they expect and people are not ready to lose there money.