Bitcoin is going down and the reasons are

[Fragrance1122]

These are my perceptions and I assume it nothing more. Losing of Trump in mid-term elections can be the biggest reason of crashing of Bitcoin. Furthermore Christmas is on its way that is why People are selling. And I think People are storing dollars. Share your views.

Whatever the reason is but bitcoin will definitely regain its value. The holders need to stay calm. Good days are coming. The rest I leave all to your wisdom and fine sense of judgement.

[bitbollo]

bigger movements in the exchange with FIAT, if not related to a specific event, are just normal volatility and the explanation could be something "boring".
Likewise some standard settlement or a temporary sale by a big troup.

It could be possible there is already a mix of all these effects you have mentioned @OP and many others likewise ... MSCI that has excluded Strategy from their global benchmark... anyway the market is enough solid against market rumours vs few years ago.

[LFC_Bitcoin]

It’s Q4 of the year post Bitcoin bull run aka the peak of a bear market. There is no other reason, this is totally normal. People are panic selling Bitcoin. We are seeing if the bottom was already in at 57k or if we’re set to go lower. We’ve been here before and it’ll happen again in the future. Just stay strong and HODL.

[BIT-BENDER]

Those who attribute Bitcoin growth to Donald Trump will attribute failures to him, I don't think the mid term election has anything to do with the price and it's not that there has been any ridiculous drop in price so why are you panicking.

I also don't think Christmas is causing any down turns, individually Christmas isn't something that requires selling of assets to cover especially when people are now exposed to financial budgeting. It even makes sense to say that the binance hack is still having some effects on the price than this two options you gave.

[MusaMohamed]

It’s Q4 of the year post Bitcoin bull run aka the peak of a bear market. There is no other reason, this is totally normal. People are panic selling Bitcoin. We are seeing if the bottom was already in at 57k or if we’re set to go lower. We’ve been here before and it’ll happen again in the future. Just stay strong and HODL.

Q4 in history of Bitcoin market is not too impressive especially in bearish years but the 2026 year is not too bad for Bitcoin. It's like a very early recovery of Bitcoin market, one year earlier than previous market cycles.

https://cryptorank.io/price/bitcoin/analytics

The best quarter is Q2 but Q4 is actually not too bad in both median and average, as it is a second best quarter.

[LFC_Bitcoin]

Q4 in history of Bitcoin market is not too impressive especially in bearish years but the 2026 year is not too bad for Bitcoin. It's like a very early recovery of Bitcoin market, one year earlier than previous market cycles.

https://cryptorank.io/price/bitcoin/analytics

The best quarter is Q2 but Q4 is actually not too bad in both median and average, as it is a second best quarter.

Q4 of a post halving year was the cycle top in 2013, 2017, 2021 and 2025.

I hope that 57k was the bottom and we don’t go lower now. The market looks like shit right now though. Hopefully we are just putting a higher low in.