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Topic: What are the reasons why bitcoin price slowly going down? (Read 175 times)

full member
Activity: 322
Merit: 100
I think there are some things that affect it, one of them is the FUD campaign, we know together that every thing about btc is very fluctuating, a little problem about it can affect the price, and I think with the FUD campaign is also included one that causes the price down / up , but no matter what the issue, I'm sure it's only temporary and will come back as usual, because it's happened a couple of times and keeps getting back to normal
member
Activity: 266
Merit: 10
This is just another adjustment of the market to be healthy. It is normal because big holder is trying to make more money by manipulating the price. Furthermore, it is also affected by FUD and regulations that is temporal. I am pretty sure its floor is $7000 so nothing to worry about. I received information decline will happen in June and price might rise again.
sr. member
Activity: 644
Merit: 250
There is a slow decline. But it can accelerate. These levels are very risky. New investors will continue as long as they do not enter the market.
hero member
Activity: 980
Merit: 500
Well there are some point why the market of cryptocurrency are going down right now if it isn't with manipulation we are seeing correction with the price and this is needed and at some point we would need to accept that Crypto is very volatile indeed, I really think that the floor for the amount of bitcoin is at the $7000 mark and if we can stay in this price on November we can see another bull run, But if it would go down any further than that then the bull run will have to wait.
legendary
Activity: 1568
Merit: 1041
1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR
A lot of this has to do with the Mt. Gox Trustee dumping coins. He has several hundred thousand Bitcoins that he apparently can dump whenever he feels like it. This whole situation has been a stain on the crypto world for years now. Can't wait for it to be over with.
full member
Activity: 462
Merit: 104
In Binance we trust!
Me and all my friends beleive in crypto and bitcoin and didn't sell BTC cheap as now! So if anybody I know don't want to sell - it's price manipulation, we don't know who is dumping BTC price and why but it's evidently for me, maybe  government agencies.
newbie
Activity: 210
Merit: 0
the main reason for bitcoin downfall is government agencies working on bitcoin price manipulation so now government probing
member
Activity: 203
Merit: 11
ENTRY cryptocurrency
 It seems to me that the market has not yet come out of correction after growth in 2017. Many financiers expected the resumption of the bullish trend this spring. But as we see the correction continues and it is not known when it will end. But now is a great time for shopping.
full member
Activity: 562
Merit: 101
i think bitcoin and others cryptocurrency is find a good bottom and strong support zone
then after hit it, most of crypto price will bounce hard,,,so, don't be panic in this market situations  Wink
member
Activity: 560
Merit: 15
$100k per 1 BTC in Year 2020
I was noticed that last month March the price of bitcoin is about $9000+ in April the price is $8000+ and at this month the price drops and it still slowly going down at $7600+. So for those who are been here in crypto world at a long period, what are reasons why the price of bitcoin are slowly falling?



There are too many factors why the price of bitcoin is going down, based on my observation, market manipulation, media manipulation, regulation and many more, but if you see the graph this is just normal like the last year 2017, if you study the graph you will discover quite interesting about the pattern of the graph, we traders don't matter about that because we earn profit because of bitcoin volatility
full member
Activity: 145
Merit: 100
It seems to me, all in indecision now. It seems that they understand that large players have entered the market and continue to fall, and, on the other hand, are afraid that there can be also other correction. But all the same, more, all are inclined to growth and only wait for a suitable case for him.
hero member
Activity: 1876
Merit: 512
Hello!

I was noticed that last month March the price of bitcoin is about $9000+ in April the price is $8000+ and at this month the price drops and it still slowly going down at $7600+. So for those who are been here in crypto world at a long period, what are reasons why the price of bitcoin are slowly falling?

It is because of buyers and seller? Or there was a another reason why this happened?

Can you share your ideas, knowledge and experienced for all of us as begginers.


Thank you!

FOr me the main reason is that Consensus fail to deliver anything great, most people went there just for the hype and the developers now are tuning the space into showbiz, another thing I guess is the investigation by US Justice department looking into the pump and dump activities of Cryptocurrencies
full member
Activity: 406
Merit: 100
BAILOUT
Due to increasing risks around the world Tongue There is no one reason, it is decentralized and all about demand, there will be no systemic threat to bitcoin so it is much more better investment don't care about the price fall.
full member
Activity: 303
Merit: 102
Hello!

I was noticed that last month March the price of bitcoin is about $9000+ in April the price is $8000+ and at this month the price drops and it still slowly going down at $7600+. So for those who are been here in crypto world at a long period, what are reasons why the price of bitcoin are slowly falling?

It is because of buyers and seller? Or there was a another reason why this happened?

Can you share your ideas, knowledge and experienced for all of us as begginers.


Thank you!

Now not falling, and it is rather an alignment of the market. In comparison with 2017 people became more informed, less risky therefore it is less of those who thoughtlessly put the finance. The splash in several cryptocurrencies is more noticeable, than distribution of investments in sets of cryptocurrencies, in comparison with their 2017 it became one many more.
newbie
Activity: 210
Merit: 0
It's mostly fear from the small holders and manipulation of the market by the bigger ones.
That won't last as crypto will get more and more popular and whales will see their influence lessen.
copper member
Activity: 364
Merit: 0
Hello!

I was noticed that last month March the price of bitcoin is about $9000+ in April the price is $8000+ and at this month the price drops and it still slowly going down at $7600+. So for those who are been here in crypto world at a long period, what are reasons why the price of bitcoin are slowly falling?

It is because of buyers and seller? Or there was a another reason why this happened?

Can you share your ideas, knowledge and experienced for all of us as begginers.


Thank you!
I accept that i am not an expert on this one but with my own thinking i think the price is being manipulated by whales. There are also FUDs that affect the price of bitcoin negatively.
hero member
Activity: 1134
Merit: 502
Price goes down indeed since January, but the important part is that all these falls are smaller and smaller each time, check out the graphs. After all these downturns, during the bear market, we did not reach our lowest point where it was in February when all the panic sells happened, so this actually is good news. There could be loads of reasons, but it could also mean that the whales have less and less power to keep the price low.
newbie
Activity: 252
Merit: 0
exact reasons i think no one knows , we can held responsible various reasons for price decrease .
most of countries are making regulation strict against virtual currencies . people calling it ponzi , interest of new investors is going down so money flow also low . it is said that new institutional money will come in soon . so we have to wait for that for spike in price .
sr. member
Activity: 1106
Merit: 255
Betking.io - Best Bitcoin Casino
It is only next adjustments and fuds. In last time we can observe this actions few times so it is not nothing new. Probably price will back to 10 000 dollars in near future just wait
hero member
Activity: 1470
Merit: 655
last month it was actually $6000 because we had a huge dump and a very serious FUD campaign to scare everyone into selling their coins and then after staying for about a week or so at $7000ish the price suddenly jumped to $8000+ and then continued to $9900 to test the $10k resistance.

now we are seeing repetition of the same thing with a weaker FUD campaign.
member
Activity: 420
Merit: 11
Hello!

I was noticed that last month March the price of bitcoin is about $9000+ in April the price is $8000+ and at this month the price drops and it still slowly going down at $7600+. So for those who are been here in crypto world at a long period, what are reasons why the price of bitcoin are slowly falling?

It is because of buyers and seller? Or there was a another reason why this happened?

Can you share your ideas, knowledge and experienced for all of us as begginers.


Thank you!



As I know there are some FUD news, try to read one of the news on www.bloomberg.com. Bitcoin manipulation to be focus if U.S criminal probe.
legendary
Activity: 1085
Merit: 1000
ALT Add: APfc4bykKHxYSVkvzsLdQvmiTXvTgMiCRM
There are lots of things that affecting the price of BTC in the market, one of those factors are regulations, scalability, FUDs, and manipulation. Dont worry, this is normal by the way, it is healthy for the market having a good or bad publicity.
jr. member
Activity: 196
Merit: 2
Hello!

I was noticed that last month March the price of bitcoin is about $9000+ in April the price is $8000+ and at this month the price drops and it still slowly going down at $7600+. So for those who are been here in crypto world at a long period, what are reasons why the price of bitcoin are slowly falling?

It is because of buyers and seller? Or there was a another reason why this happened?

Can you share your ideas, knowledge and experienced for all of us as begginers.


Thank you!
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