Bitcoin seems to drop faster than rises (rate of change, obviously not absolute)

[Zemomtum]

There is something that I have observed about the Bitcoin price, it always go to the other side where youtubers and crypto news speculated. At present, it might fall of the cliff and the closet range is $8500 and further to $7500. It is important to study the chart and do your own research about the price as you are going to be financially responsible for your decision.

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[Vispilio]

It's a well known feature of most financial products.

People are by default optimistic but also very risk adverse; so the natural tendency for most financial instruments is to gradually increase in price,

while the drops, precipitated by fear and panic leading to irrational activity, are typically faster and more volatile...

[Oceat]

It seems to me that while BTC clearly goes up over time, the drops seem much more steep eg x 2 or 3 than the rises almost always.

Why is this?

It seems the one predictable thing about BTC.

What you had posted makes no sense at all. If it was true, then Bitcoin could have gone down heavily instead of rising from $3,200 per coin to $10,000 per coin during the last 3 months. Also, one thing I would like to point out. During the current bull rally, the spikes were always very sharp and short-lived, and the drops were moderate and lengthier in duration. 

As far as i understand OP, what he/she means is that BTC is way too fast to fall yet way too slow to grow. Indeed $10,000 is the stable price support at the moment but there are times that it goes down to $9.5K and then everyone thought that it might gonna fall back again to $6K or $8K, a lot of speculation discussion was happening during that time.

[STT]

Please never try to describe Bitcoin as slow to grow, the rate it expands is bonkers at times.    However it does suffer these very harsh pullbacks also which in sum total is what stops it becoming too ridiculous on the upside.   People dont realise we cant and should not go upwards at that rate or it would cause problems, its counter intuitive but we need something closer to the slow average gain expressed in 200 day moving average or similar.

[South Park]

   How is possible for someone to think that Bitcoin price drops faster, when in last 10 years Bitcoin raised 10000%? Where people see that fast drop, every time that
was only temporary, it takes time for the price to recover, but that happen eventually!
     Probably price changes and how people see that are matter of perspective. Some people can see whole picture, while others see just what they want to see. I`m the
one who see the whole picture, and what I see is that Bitcoin price is rising for the last 10 years and that rise will not stop!

The OP is talking about speed and not magnitude, it is obvious that over the long term the price of bitcoin has an upwards trajectory, anyone that takes a look at the charts can understand this, what the OP is talking about is that a bull market can take a year to reach a price and then when the bears take control of the market a great deal of that progress is erased in weeks, and while the movements of bitcoin are way more pronounced than the movements in other markets this is nothing new since most markets show that behaviour.

[LimLims]

It seems to me that while BTC clearly goes up over time, the drops seem much more steep eg x 2 or 3 than the rises almost always.

Why is this?

It seems the one predictable thing about BTC.

You need to understand at first, how the price of Bitcoins rises up or down.
The basic things that make this happen is the trading volume.
When the marketcap of the coin increases then price increases,  and when it falls down,  price too falls.
Hope you get it.

[Ahiaba]

Is not a new things buddy but it doesn't happen at all time though, but sometimes the way it move in an upward direction is sometimes faster than that of the downward moment. All these happen based on the market activities.

[lotfiuser]

yes i think it's due to dumping from whales and panic sell there is no panic buy but there is panic sell and that says everything and don't forgot about selling volume

[jubalix]

   How is possible for someone to think that Bitcoin price drops faster, when in last 10 years Bitcoin raised 10000%? Where people see that fast drop, every time that
was only temporary, it takes time for the price to recover, but that happen eventually!
     Probably price changes and how people see that are matter of perspective. Some people can see whole picture, while others see just what they want to see. I`m the
one who see the whole picture, and what I see is that Bitcoin price is rising for the last 10 years and that rise will not stop!

no I agree that it rise exponentially more over time but the rate of that rise is always slower than a rate of drop after that.