the end of the battle hash and BTC falls

[Dexion]

I heard that the BCHABC and BCHSV battles become weak, the capacity was small, and I concluded that the BTC decline was over, but, after I go to the market today, BTC fell deeper.

are there other factors that make BTC fall again?

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[percy_tc]

yes, panic sell.

[Dexion]

I think panic sell is a long reason, I mean is the latest factor that makes bitcoin fall deeper today. did you find another factor?

if the panic is felt by a minority of BTC users, I think, that will not affect BTC.

[PsylockReborn]

I heard that the BCHABC and BCHSV battles become weak, the capacity was small, and I concluded that the BTC decline was over, but, after I go to the market today, BTC fell deeper.

are there other factors that make BTC fall again?

People lost faith to BTC that's why some long time investors do panic selling and others are settling for a safe haven in tether coins.
The BCH fork drama really created huge damage to the crypto performance. This made the btc value fall in a dramatic way.
We are already nearing the last month of the year and I'm pretty certain that what goes down must go up. Bitcoin will surely recover
and people who lack faith about the technology of bitcoin will be wronged again.

Now is the time to take advantage of this huge sale.

[pooya87]

when the real buy support was broken we entered uncharted waters and in situations like these investors usually stay away and wait for the manipulation and panic sells to end before entering. that means they can easily push the price lower and lower until it reaches some really strong buy support at a much lower price.
if you  have been looking around the groundwork has been in place too with all the FUD about how bitcoin should bottom out at $3k. and none of them really provided any valid arguments for it either! only nonsense and guesses.
BCH drama was only the initiator of the drop...

[fankemon]

panic selling ? common, from 20k to now ?  panic selling everyday ?

[btc_angela]

I heard that the BCHABC and BCHSV battles become weak, the capacity was small, and I concluded that the BTC decline was over, but, after I go to the market today, BTC fell deeper.

are there other factors that make BTC fall again?

Others speculate that due to the postponement of the Bakkt offering, the price fell again. But we should look at the bright side, again, as I have said, the bears are exhausted at this point and there will be a time that selling will be over and the next bull cycle will happened. So let's see how the price will go on the next couple of days, if we're close to bottom then we should see some good bounce, but if there are more sellers (perhaps the last few), then the price could go deeper but its the best opportunity to snatch a few BTC.

[dothebeats]

No real reason as to why the price tanked that hard. Bakkt has announced its postponement a few days ago from now and there hasn't seem to be any significant reaction to that. Also, support from $4000, from what it looks like, was easily broken earlier. As I've expected and assumed, the price can even go deeper to $6200 and it's still being optimistic by that point, and anything further down is just absolutely devastating for a huge number of miners which could also trigger to yet another panic sell. BCHAB and BCHSV hash war hasn't subsided yet, but the amount of damage they have caused from bitcoin is too huge for immediate repairs.

[bolbau]

I think the crypto civil war that happened lately is only an opening door to other issues and problems that have dropped the price of the bitcoin market. Investors' trust in bitcoin is increasingly fading, but on the other hand I'm sure there are large investors who are entering to take advantage of the decline in bitcoin prices as the prospect of future profits. besides that panic sell does not have a significant effect on the crypto market, perhaps more precisely than that is price manipulation, made as if there is a panic sell, even though the one who sells the bitcoin assets that much is the same group of people

[HODL2090]

I've heard so many conflicting reports about the reason for the Bitcoin crash;
Bitcoin Cash war
Cheaper ASICs
Banks manipulations etc...

I think the current dip has baffled everyone, and this has made wasy for FUD to run rife and further tank the price of Bitcoin, and the entire cryptocurrency market.

[TheSeekersLighthouse]

I am taking advantage of this bear market to own a full bitcoin once more.

[131tc01n]

even though the battle between bchabc and bchsv has weakened, I think the whales are taking advantage of this opportunity to create panic sell again, so they can buy coins at even lower prices

[Tipsters]

No real reason as to why the price tanked that hard. Bakkt has announced its postponement a few days ago from now and there hasn't seem to be any significant reaction to that. Also, support from $4000, from what it looks like, was easily broken earlier. As I've expected and assumed, the price can even go deeper to $6200 and it's still being optimistic by that point, and anything further down is just absolutely devastating for a huge number of miners which could also trigger to yet another panic sell. BCHAB and BCHSV hash war hasn't subsided yet, but the amount of damage they have caused from bitcoin is too huge for immediate repairs.

On point. It's all about support at the end of the trading day. Whether it's technical savvy or speculator, if it breaks major support lines (psychological as well) it will definitely fall as expected. I now regret now not shorting btc 

[TheUltraElite]

I am taking advantage of this bear market to own a full bitcoin once more.

I like your approach friend. We should all try to gather more amounts of bitcoin in the midst of this bloodbath. Let people sell their coins and we can continue the Black Friday discounted sale.

even though the battle between bchabc and bchsv has weakened, I think the whales are taking advantage of this opportunity to create panic sell again, so they can buy coins at even lower prices

If you have no proof of it then its a conspiracy theory. Whales do manipulate the market but this is more than manipulation. Initial sell off was due to bakkt and some due to hashwar panic as the general consensus goes but now what the issue is its not clear to me. It could be a manipulated dump for future pump but no proof and more over not being regulated it cannot be tracked at all or it could be aftershocks of late sellers who are no panicking.

[tomahawk9]

We've been in a bear market for so long that this downward movement was bound to happen. And I've said it before, I think we've reached the point where some people got tired of waiting for a big surge in prices and they're now dumping, this triggered a massive panic selling wave which is tanking the price to the 3k levels. A lot of people having saying that this is where the bottom should be, let's see if it holds for the next week, could be a good entry-point for those who were waiting to buy cheap.

[allthebitandbobs]

Roger and craig our trying to crash the price and succeeding so miners switch to there version of bitcoin. Eventually, miners won't be able to mine bitcoin for a profit and have to switch.I guessing that their long gameplay anyway sneaky weasels.Also tether could be cashing in there bitcoin before they collapse. There the two main factors i believe that is  driving the crash

[mangsitin]

In my opinion this is a scenario that was intentionally created by the Bitcoin ruler as if there was a war drum between BCHabc and BCHsv which aimed to reduce the price of BItcoin, because Bitcoin must decrease before climbing again in the coming year, so this is a mental burden and a test of patience for Bitcoin Investors around the world.

[MainIbem]

yes, panic sell.

Every time I hear panic selling, I begin to ask myself in bewilderment, the person buying from me is he or she not afraid?  At all times and at all prices, someone is ready to buy. Why is the person buying?  Then tomorrow when that person begin to reap, then he will be called whale.

[johnny508]

There is no reason for bitcoin to fall again this is happening because most previous investors who purchased bitcoin earlier are selling now due to uncertainty and afraid without proper reasons and that is the main reason even bitcoin is doing fine and all the things are happening for its advantage the price is falling in a high rate but i think this situation will change very quickly and individuals who are in the market will understand there is nothing to worry about

[yugyug]

BTC falls has a conspiracy theory that the whales manipulated the price to keep it lower so that many fudders, fomo-ers, short term holders will sell their btc at a lower price for a panic sell then the whales started to accumulate because there is a coming surprise from investment constitution like BAKKT for BTC to bull run next year.

[teilwalL05]

This happens because of the trauma in the value when it hit to $4000 mark there are no other negative news for bitcoin but this panic and the faith in the community had lost its grasps we can say that longtime holders might think and proceed to a conclusion of selling, Or I can say that it is because of the upcoming end of this year that people are needing money for the celebration and the feast that is coming to this end of the year, I think that it may still go down a bit and it even gets worst because of the panic in the community.

[maianh09]

I heard that the BCHABC and BCHSV battles become weak, the capacity was small, and I concluded that the BTC decline was over, but, after I go to the market today, BTC fell deeper.

are there other factors that make BTC fall again?

Many say that Bitcoin is repeating the past of 2009. After rising, several times and then Bitcoin fell sharply for a long time until everything stabilized. I believe that the market needs to be saturated before everything grows.

[TheUltraElite]

BTC falls has a conspiracy theory that the whales manipulated the price to keep it lower so that many fudders, fomo-ers, short term holders will sell their btc at a lower price for a panic sell then the whales started to accumulate because there is a coming surprise from investment constitution like BAKKT for BTC to bull run next year.

Those are not conspiracy theories. Some might be true but the extent to what they affected the market remains unclear. A lot of things could have triggered and intensified the dump.

Many say that Bitcoin is repeating the past of 2009. After rising, several times and then Bitcoin fell sharply for a long time until everything stabilized. I believe that the market needs to be saturated before everything grows.

Thats why its an ongoing gag that bitcoin died so many times already. Its another one of those cycles and so just increase that number of times in total. If you look at the price charts you can easily verify what has happened in the past. Every time bitcoin drops it comes back up with a pump. People may think of it any way they want - manipulated pump and dump? Or just no coiners spreading FUD and then bitcoiners buying back?

[sinkfish]

bitcoin certainly is not dead yet. my guess is big whales is manipulating behind the scene.

[DevilSlayer]

We've been in a bear market for so long that this downward movement was bound to happen. And I've said it before, I think we've reached the point where some people got tired of waiting for a big surge in prices and they're now dumping, this triggered a massive panic selling wave which is tanking the price to the 3k levels. A lot of people having saying that this is where the bottom should be, let's see if it holds for the next week, could be a good entry-point for those who were waiting to buy cheap.

It seems that the declining point of the bitcoin reached its end. There is a high chance that the price of the bitcoin will grow again in this following days. There are many panic sellers who keep losing their money because they do not fully understand how the price of the bitcoin works.

[TheUltraElite]

bitcoin certainly is not dead yet.

It certainly will never die as long as people keep using it and have beliefs in its future for growth and development. The so-called death of bitcoin happens with every pump and dump cycle and this has been repeated every few months just the variance is in the amplitude of rise and fall.

my guess is big whales is manipulating behind the scene.

Its better not to assume whales to be responsible for every pump or dump without having anything to back up your claim. I would say its a combined effect of bakkt being an asshole, BCH forking leading to has wars and just panic selling in the midst of it. Still today morning bitcoin is showing a bit of recovery touching the 4k USD/BTC mark once again.

[Pan Troglodytes]

We've been in a bear market for so long that this downward movement was bound to happen. And I've said it before, I think we've reached the point where some people got tired of waiting for a big surge in prices and they're now dumping, this triggered a massive panic selling wave which is tanking the price to the 3k levels. A lot of people having saying that this is where the bottom should be, let's see if it holds for the next week, could be a good entry-point for those who were waiting to buy cheap.

It seems that the declining point of the bitcoin reached its end. There is a high chance that the price of the bitcoin will grow again in this following days. There are many panic sellers who keep losing their money because they do not fully understand how the price of the bitcoin works.

Well one might compare this decline to the previous (historical) events and the conclusion would be that the bottom has been probably already reached, however in past events the price stayed at the bottom for several months, so this time I wouldn't expect it to go up immediately either

[naufals4]

now the price of bitcoin is starting to go green again, so there's no need to worry when the price of bitcoin goes down because bitcoin will always keep the price stable with updates about the project and others. this is bitcoin the best cryptocurrency

[H1N1]

I heard that the BCHABC and BCHSV battles become weak, the capacity was small, and I concluded that the BTC decline was over, but, after I go to the market today, BTC fell deeper.

are there other factors that make BTC fall again?

The most plausible thing to explain is, the factor of BTC fallen price was not only because BCH hashrate war.
Other factor like ETF delayed approval maybe must take into consideration as well.
BTC has falling deeper indeed, but it is not the end of btc and i believe it will recovering later.

[Kemarit]

now the price of bitcoin is starting to go green again, so there's no need to worry when the price of bitcoin goes down because bitcoin will always keep the price stable with updates about the project and others. this is bitcoin the best cryptocurrency

I wouldn't say that we don't need to worry just because the price has bounce back. Remember this pattern has started after the we set on lows of $3000. Might be a bull trap for all we know, so we need to monitor the price and at the same time be flexible. I guess the BCH hashrate war is over or at least has minimal impact today as compare to the beginning of their battle. So the selling pressure if off temporarily but we still need to be vigilant if we wanted to survived in this bearish cycle.

[Msworld83]

I don't believe those crab, saying they are the controller of btc price , btc was totally due for dip so long and doing it now should not be an issue ,I only see the users as the major problem or should I say noobs who only panic when they hear a new cause they never understand what they are in to and why it is necessary to have and understand how it work but only in for quick profit and that has been the major issue the technology is having , though it has its own time of bull and bear but many only think of bull without understanding that if there is no bear then the coin won't gain momentum to move up again .