the end of the battle hash and BTC falls

[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 .