This can be explained by the simple concept of 'demand and supply'. As a result of a reduced Bitcoin demand and need by the general users, it resulted in a price drop. This could have been caused by the increase of the sale of Bitcoin in that particular time period, or the reduced number of Bitcoin purchases. This is the general concept that underlies the Bitcoin halving too.
This can be one of the points that affect the bitcoin price. because when a lot of people who believe in the power of bitcoin then prices will rise due to high demand in the market share. And when demand is fewer then the market will respond with declining bitcoin prices. In addition there are several important factors in my opinion, one of which is negative news and also policies that do not support the development of bitcoin. 
Topic: What is it that's affecting the Bitcoin price fall? (Read 1328 times)
What is it that's affecting the Bitcoin price fall? We have all seen the price last week reaching the all-time highs of $2500 or more. I know most people were expecting to see 1BTC sold at $3000 or more today but It went down back to around $2190. What affected this price fall?
It's obvious - bitcoin was in a bubble.
I don't think that a lot of people expected $3000 bitcoin but rather a lot more people expected bitcoin to go down to under $2000. Look at the charts, no way that bitcoin could have grown legitimately over the last few days of the pump when it went up $200, $300 a day.
The price decrease didn't happen today, It was a few days ago and now It's stable enough. I tend to believe that It had something to do with the exchanges manipulating the market, the drop didn't affect bitcoin only but most of the cryptocurrencies.
I don't think that it has anything to do with exchanges manipulating but rather whales manipulating. exchanges are only providing a platform people to trade on, nothing else. And yes, a lot of other cryptos went down dramatically as well.
Please not that graph again, read a lot but rarely post.
Gent's take a step back not a fall just a correction and holding over 2k, so far happy days. The jump from 1100 to 2800 was breath taking, Going past 1500,2000 and 2500 in weeks. As i said before don't post a lot, last thread i started was to congratulate buyers and holders that braved the blood shed and purchased at sub 200 ( think as low as 160 ). Never a bad time to take a profit, which a lot done and well done to them,new money will be sucked in, cycle will repeat.
Nothing has changed, Just Hold and wait you are an early adopter.
Gent's take a step back not a fall just a correction and holding over 2k, so far happy days. The jump from 1100 to 2800 was breath taking, Going past 1500,2000 and 2500 in weeks. As i said before don't post a lot, last thread i started was to congratulate buyers and holders that braved the blood shed and purchased at sub 200 ( think as low as 160 ). Never a bad time to take a profit, which a lot done and well done to them,new money will be sucked in, cycle will repeat.
Nothing has changed, Just Hold and wait you are an early adopter.
Margin traders, and essentially a bunch of misfits pushing the price up or down by a few clicks, there are literally green bars and red bars, when you want to pump the price you push the green bar up and when you want to dump the price you just push the red bar down.
I couldn't believe it until I saw it's impact on the price charts. another thing these Chinese traders, don't look at them like they don't matter, more little you are more smart you get, they are the ones earning millions every day by day trading and manipulating the price.
I couldn't believe it until I saw it's impact on the price charts. another thing these Chinese traders, don't look at them like they don't matter, more little you are more smart you get, they are the ones earning millions every day by day trading and manipulating the price.
What is it that's affecting the Bitcoin price fall? We have all seen the price last week reaching the all-time highs of $2500 or more. I know most people were expecting to see 1BTC sold at $3000 or more today but It went down back to around $2190. What affected this price fall?
It is believed that the drop on bitcoin's price is due to the correction. A sudden big pump then a sudden big dump. Another factor that may have affected the price drop is panic selling. Some might have sold they bitcoin at the peak price of bitcoin to gather their profit, as a result, we see sudden drop. Whatever the main reason, nothing is to be worried about. All happenings are normal in the world of bitcoin.
The main situation that affects the bitcoin price fall has not to do about the panic of people monitoring it's price. But the impact wasn't that bad at all because even though price was falling down of it's market value, still it wasn't decrease at $2000. That affected a lot of decisions that people will have more interest to invest and as you can see right now the updates of price in the market rises again every successive days.
i think that was just the market taking a correction. and now we can see that the price of trading above 2260$. i am sure that with in few days the price of bitcoin is going to cross 3000 USD level and the price will stay there and will not come down again from that level. i think the investors are very much confident with their investment and that is the reason that they are not ready to sell bitcoin and are holding it for long long time. I am not concerned about why bitcoin price fell down but I used that buying few more coins for cheaper prices. With bitcoin investments we can sure about long term good profits all the times regardless of how deeply prices falling.
The main situation that affects the bitcoin price fall has not to do about the panic of people monitoring it's price. But the impact wasn't that bad at all because even though price was falling down of it's market value, still it wasn't decrease at $2000. That affected a lot of decisions that people will have more interest to invest and as you can see right now the updates of price in the market rises again every successive days.
i think that was just the market taking a correction. and now we can see that the price of trading above 2260$. i am sure that with in few days the price of bitcoin is going to cross 3000 USD level and the price will stay there and will not come down again from that level. i think the investors are very much confident with their investment and that is the reason that they are not ready to sell bitcoin and are holding it for long long time. I am not concerned about why bitcoin price fell down but I used that buying few more coins for cheaper prices. With bitcoin investments we can sure about long term good profits all the times regardless of how deeply prices falling.
The main situation that affects the bitcoin price fall has not to do about the panic of people monitoring it's price. But the impact wasn't that bad at all because even though price was falling down of it's market value, still it wasn't decrease at $2000. That affected a lot of decisions that people will have more interest to invest and as you can see right now the updates of price in the market rises again every successive days.
i think that was just the market taking a correction. and now we can see that the price of trading above 2260$. i am sure that with in few days the price of bitcoin is going to cross 3000 USD level and the price will stay there and will not come down again from that level. i think the investors are very much confident with their investment and that is the reason that they are not ready to sell bitcoin and are holding it for long long time. I am not concerned about why bitcoin price fell down but I used that buying few more coins for cheaper prices. With bitcoin investments we can sure about long term good profits all the times regardless of how deeply prices falling.
Such unstable behavior of the price of bitcoin has attracted the attention of speculators. No currency in the world cannot hide such profits. Any race can be extinguished not only by demand but also by the government. Bitcoin also is regulated only by demand. The money the whales are able to unbalance this system and we will always see these fluctuations. The main thing is not to panic.
The main situation that affects the bitcoin price fall has not to do about the panic of people monitoring it's price. But the impact wasn't that bad at all because even though price was falling down of it's market value, still it wasn't decrease at $2000. That affected a lot of decisions that people will have more interest to invest and as you can see right now the updates of price in the market rises again every successive days.
i think that was just the market taking a correction. and now we can see that the price of trading above 2260$. i am sure that with in few days the price of bitcoin is going to cross 3000 USD level and the price will stay there and will not come down again from that level. i think the investors are very much confident with their investment and that is the reason that they are not ready to sell bitcoin and are holding it for long long time. What is it that's affecting the Bitcoin price fall? We have all seen the price last week reaching the all-time highs of $2500 or more. I know most people were expecting to see 1BTC sold at $3000 or more today but It went down back to around $2190. What affected this price fall?
The fall is just a normal correction in price and it is not surprising. It is typical investor behavior in a bubble like this. There are patterns that asset prices follow... patterns created by investor group psychology. These patterns are even more prevalent in bubbles and situations where we see buying/selling mania like we are seeing with bitcoin now. Check out this chart:
Often times news events are wrapped around the sections of this chart, but for the most part, this is driven by investor behavior and not by specific external events. We see this pattern in various markets all the time.
The main situation that affects the bitcoin price fall has not to do about the panic of people monitoring it's price. But the impact wasn't that bad at all because even though price was falling down of it's market value, still it wasn't decrease at $2000. That affected a lot of decisions that people will have more interest to invest and as you can see right now the updates of price in the market rises again every successive days.
It was just a natural correction in an ongoing bull market. The price started to rise a little too fast and it corrected itself.
In the past there were bubbles that were overdue to burst when catastrophic events triggered the pops. This time there was no bubble and no big news, just a healthy correction.
The bull market continues. We're now working on our 7th consecutive green weekly candle. Worldwide demand continues to increase and supply remains fixed.
I hope you took advantage of the dip to buy. We may not see prices under $2000 again.
In the past there were bubbles that were overdue to burst when catastrophic events triggered the pops. This time there was no bubble and no big news, just a healthy correction.
The bull market continues. We're now working on our 7th consecutive green weekly candle. Worldwide demand continues to increase and supply remains fixed.
I hope you took advantage of the dip to buy. We may not see prices under $2000 again.
What affected this price fall?
Most probably some whales would had booked profits by $2800+ zones as they might had felt about big resistances around $3000 levels. Other than this, there was no big negative news to trigger the pull back. That was pure trading sentiment hence prices will bounce back soon ! 
What is it that's affecting the Bitcoin price fall? We have all seen the price last week reaching the all-time highs of $2500 or more. I know most people were expecting to see 1BTC sold at $3000 or more today but It went down back to around $2190. What affected this price fall?
There are many speculation circulating about the drop of bitcoin last week but I think the most affected it is the panic selling and converting of bitcoin, many people think that the price would really plummet back to the 3 digit dollar that we often see or at $1000 mark at least that is why out of fear many user was emotionally selling and converting bitcoins that is why we have seen some major set back out of the price of bitcoin and I think it is mostly normal for the price to drop this is really bitcoin after all.
I think it is just a normal profit taking of hodlers and whales. It happens all the time the price is peaking, it will drop for a while when they dump their coins for profit and it will bounce back after they bought back. They is nothing to worry about. It is actually a good opportunity to buy more bitcoins when the price dips.
I am sure people will regret for not buying more bitcoins while we are still at dip. Operation segwit coming up. So it is a no brainer on this bitcoin price situation. We will end this year with a bang for sure.
The price decrease didn't happen today, It was a few days ago and now It's stable enough. I tend to believe that It had something to do with the exchanges manipulating the market, the drop didn't affect bitcoin only but most of the cryptocurrencies.
Yes sudden down in the bitcoin price will cost of the altcoins to go up and thats normal in the market its the circulation of the price in the matkey and thats normal but manipulating price in the market is have sudden effects in the price and can also cost delay in the price increasr. 
People just cashing it in. They saw the huge opportunity to profit and said that "Hell yeah, I'm dumping it now, and enjoy later". Then others follow suit resulting in a massive dump in the next 2 days. I don't see any negative news that will really affect the market price. But I speculate that those who sold were likely to buy bitcoin again.
I think the only thing that affecting the price of bitcoin to fall is the correction for the price and also the panic sellers of bitcoin that is most content of newbies or new investors or traders in bitcoin because they think that the price will continue to fall and the only thing to be safe is to sell, that is what they are thinking so the price is keep falling down.
My bet is maybe because of that correction of the price. But I don't think that there are panic sellers because it didn't dump that big, it is still at $2100. How can they think that it will dump that big, and I don't think that it will reach $1500 or lower than that. Many people are waiting for the dump because they want to invest to it again, but I don't think that dump is not happening.
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