Reason behind falling Bitcoin?

[masterrex]

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!

As the time you wrote this thread it was October and i think the bitcoin price backed in October comparing today is the same and it was stabilized at $6300+ level and the ETF issue is one of the cause of this dip. but  i believe its just temporary as soon as ETF issue will address it will be back to normal.

[langaw2018]

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!

Many are actually the reasons behind the fall of Bitcoin. in my personal opinion, there are large numbers of users who sell Bitcoin and other crypto on a large scale in a relatively short time and cause a lot of decline against Bitcoin. Not to mention those who panicked and chose to sell Bitcoin, which caused the price of Bitcoin to fall.

[BTCreward]

I think that after the February drawdown, further price collapse was caused only by whales, as I can understand that after a strong growth as it was a year ago, there should be a correction, but the coreection could not be so significant.

[GmBoom]

It is because of the bad news regarding on the update of bitcoin's ETF. Because before the news, the investors are accumulating hard on bitcoin, because they hope that it would pass the ETF. But turns out the other way around, causing some major sell and panic sell, for bitcoin price to go down.

[biletskiy]

I think the reason why Bitcoin can't grow fast is mainly from the new altcoin, because the new altcoin is constantly absorbing the money of investors!

You are joking? Bitcoin can not fall because of the next useless altcoin which has no value and does not cause interest among investors. This is most likely due to bad news.

[elloco4ever]

Not only BTC the entire coins are down and the entire crypto community is disappointed with this. Investors were eagerly waiting for the last quarter but they losing hope slowly as there is no improvement in the CMC, the entire altcoins are dependent on BTC. If it goes up then other altcoins will shine, few say the secret behind this fall is whales are playing a key role here. Few say competition in coins are more and demand and supply is low. Let's pray for a better future of crypto trading.

[Barbatos]

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!

For me, bitcoin is something that is quite a complex cryptocurrency that everything else also regulates the state of the market. I still can't figure out why he's falling so hard.

[bennypagulayan]

I think the reason why Bitcoin can't grow fast is mainly from the new altcoin, because the new altcoin is constantly absorbing the money of investors!

You are joking? Bitcoin can not fall because of the next useless altcoin which has no value and does not cause interest among investors. This is most likely due to bad news.

In my opinion, no one knows exactly why the price of BTC is down, now the market is bleak and I think that every market has ups and downs and prosperity and electronic money too. At present they are declining and it is possible that 2019 will grow again.

[wuvdoll]

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!

It always goes down and up, just because it goes down a bit there is no point on getting excited or scared. You can be rest assured that bitcoin will go both directions all the time. It will never be sort of coin that will either stay the same or at least move one direction, it will definetly move to all directions possible.

It goes up (like we saw last year when it hit 20 thousand dollars) it goes down (like we saw going down to 6 thousand dollars) and it goes sideways (like it has been for the past 5 months). Bitcoin usually goes down when there is someone that sells a lot of bitcoin at once or at least there is a market scare about something and people sell to get out, thats the only reason, more bitcoins sold than bought which causes the market to drop to cover the difference.

[PM.coins]

One reason for the fall in the price of bitcoin is the negative news that has been circulating out there. So that makes people or investors a little worried about the situation. I actually thought and also hoped otherwise, "When is this situation improving?"

[Westfiled]

It is because of the bad news regarding on the update of bitcoin's ETF. Because before the news, the investors are accumulating hard on bitcoin, because they hope that it would pass the ETF. But turns out the other way around, causing some major sell and panic sell, for bitcoin price to go down.

Consider from how much has been loosing by bitcoin and it's not a lot. Bitcoin is still on its way, as far as i know etf is not the only way to get a lot of investors from teh US. there was a lot of ways to try.
BAKKT, more marketing on the centralized exchange site wil help bitcoin a lot.

[fcklife]

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!

for me is the delay ETF result where most of the whales and big names in the industry are playing safe to enter the undecided market. if we have a good news regarding etf and other regulation on cryptocurrency then this will be the confirmation that we are waiting for the bull run.

[hesham51]

I'm sure that you will receive many answers for the reasons behind falling Bitcoin price, currently governments is looking towards Bitcoin suspiciously, and whales are collecting bitcoin as much as the could indirectly through trading Altcoins so they keep bitcoin at the low level if we can say that.

[Kamidzy7]

All very simply went large uncles who wanted to control everything, but did not want to buy at high prices,and the market was first lowered to go low,and the second to drive as many people as possible from this market,and then the governments of all countries will introduce the digital economy,all under control,taxes,the movement of digital tokens,and legalization,and then you can already in space prices,but all again in their hands!

[candra raditya]

The reason is that offers are higher than demand, it could be because of negative news or because of frustration with market conditions this year. And this we must be able to really be patient to avoid losses.

[JuliaJi]

its not falling, it is stable standing on the bottom, altime make +200 -200 $, the same is happening with all others currencies

[auroboros]

The main thing of course is the decline in the level of investor confidence in the crypto currency, because of the large number of hackers and ICO scams that continue to hit investors with considerable losses, I myself have predictions that it will be very difficult to return to the end of 2017 where all crypto currencies experience a fantastic trend

[dio1715]

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 think the market is now in a state of waiting. Many events should happen in December. And there is no way to guess how the market will react to this. There are three options - down, up, sideways ... Today, the state when any of these options can occur with the same probability .. We can only wait.

[Wipangga]

I think there are many factors that cause BTC prices to fall, aside from negative factors, also EFT's delay factor, and many parties want BTC prices to fall so they can dredge as much as BTC prices fall, remember BTC is a very promising investment. now,

[Cryptodiscuss]

Maybe this will sound like conspiracy theory. I think that there are a lot of government facilities that are mining bitcoin and probably some altcoins and that they dont pay electricity at all! North Korea is best example for that.
They have huge amounts of coal that they can't export and they can produce electric power with it, and dump all that they mine everyday and get sum of money that is unimaginable to them!