Bitcoin price dropping over the past few days is just the common market movement. There is nothing to discuss much, growth happens when there is more inflow of fiat. I believed the drop during beginning days of the month a sign of growth. Same as expected today the price has once again recovered crossing $7200 from which the market dropped low to $7000.
Indeed. It's pretty normal for bitcoin to dropped it's price so low in the past few days. Good thing that bitcoin is starting to recover it's price up to $7200. In my own opinion, the reason why bitcoin is decreasing it's price due to the law of supply and demand that a lot of bitcoin users are selling their bitcoin in exchange for fiat. 
Topic: Why Bitcoin prices dropped so low a few days ago؟ (Read 965 times)
Bitcoin price dropping over the past few days is just the common market movement. There is nothing to discuss much, growth happens when there is more inflow of fiat. I believed the drop during beginning days of the month a sign of growth. Same as expected today the price has once again recovered crossing $7200 from which the market dropped low to $7000.
Tell me why Bitcoin prices dropped a few days ago۔ Let me tell you what the reason was۔
Various reasons and opinions about the rise or fall of bitcoin all make sense, but that is not necessarily accurate and the real reason.
we must realize that bitcoin is very flutuative, where prices can change significantly over time and various reasons for the decline in bitcoin can affect or not, and the rise and fall of bitcoin in my opinion is normal and will not always run smoothly and let bitcoin move with what we are will make us unaffected by the news or anything.
we must realize that bitcoin is very flutuative, where prices can change significantly over time and various reasons for the decline in bitcoin can affect or not, and the rise and fall of bitcoin in my opinion is normal and will not always run smoothly and let bitcoin move with what we are will make us unaffected by the news or anything.
there is no bad news about bitcoin so no one will find the reason, because large investors want to see where traders buy support and where traders want to buy bitcoin, the lowest price yesterday almost touched $ 6000, each under $ 6500 price pushed back up, that's where we know where traders want to buy bitcoin, it doesn't seem to be under $ 6000, this is my mind from what I summarized from the experts in this forum, prices are still like this now at the beginning of the year just waiting for a change about the next bitcoin price
not only a few days ago today bitcoin also declined. and I think this is common, especially since we are still in the bear market. so this is the usual decline and the value of the decline is also not large we don't need to panic. and also in my opinion the rise and fall of bitcoin doesn't need a reason. the rise and fall of bitcoin is influenced by demand and supply.
Should we really speculate the price for every $500 of a change in bitcoin price?
We are not in the year 2010 anymore. So I guess that should be normal by now.
7,500 is already a large amount and with thousand of dollars in pump and dump that just means something too.
We are getting more populated in the crypto industry and for me that is still a good thing as we want bitcoin to have dominance in usage.
We are not in the year 2010 anymore. So I guess that should be normal by now.
7,500 is already a large amount and with thousand of dollars in pump and dump that just means something too.
We are getting more populated in the crypto industry and for me that is still a good thing as we want bitcoin to have dominance in usage.
bitcoin suffer from bear trend since 90 days at latest ; low volume can be the cause of this drop ; and dobt forget some people or whale that want make money by dump when market was in situation stabilization for example when prices trade at level over 7500 usd
Tell me why Bitcoin prices dropped a few days ago۔ Let me tell you what the reason was۔
Suddenly Bitcoin price hike and fall; it's the nature of cryptocurrency. It depends on lots of reasons like demand, supply, market situation, etc. But, no one can find the exact reason because of hiding the exact reasons.
A series of holidays is coming. In Europe, business activity freezes in the first half of January. Many institutions, where there is no continuous production process, send their employees on vacation. People want fun and spend a lot of money. Therefore, a lot of bitcoins and other cryptocurrencies are sold. Supply is growing, demand and price are falling. This is logical. Traditionally, cryptocurrency will be able to rise in price already with the onset of spring.
In fact, for several years of my activity on the cryptocurrency market, I also noticed a general tendency for cryptocurrency prices to fall during the holidays and the holiday season, when people relax, buy a lot of gifts or plan some long and expensive trips. Nevertheless, if we analyze the graphs of price fluctuations, then cryptocurrency has been in a downward trend for a considerable time and there are other reasons for this related to the outflow of funds from the foreign exchange market.
A series of holidays is coming. In Europe, business activity freezes in the first half of January. Many institutions, where there is no continuous production process, send their employees on vacation. People want fun and spend a lot of money. Therefore, a lot of bitcoins and other cryptocurrencies are sold. Supply is growing, demand and price are falling. This is logical. Traditionally, cryptocurrency will be able to rise in price already with the onset of spring.
Because people sold bitcoin. And because of the law of supply and demand, the price dropped. That's it. Don't try to make theories whereas there's really no way to confirm if it's true or not in the first place.
Loved this answer.
It was direct but it is also right.
There is nothing more to explain but just people selling bitcoin at the same time.
When that happened it looks like some event came but behind it is just people need hard cash again.
As holiday season is present this month of December, let's expect more digital to fiat cash conversion. Many people will have to do cash outs in order to enjoy their money, on several spendings. We can't control that situation, because it's a celebration worldwide except for those who doesn't celebrate Christmas season. Price goes down eventually, and will regain it's value starting the start of the year 2020 same with what's happening from the start of 2019.
Some believes that this holiday only happens once a year so spending and giving is a natural thing, as not everyone is always given a chance to spend holidays in their love ones, I'm guilty of cashing out too this holiday for a gift and to have food and gives to some important people. Will try to earn more next year as replacement in what I spend this holiday. That's low percentage only and just an excuse just to have an extra talk with the season but I don't really think it creates an effect since in the first place people invest with crypto have money in the pockets and for sure majority now is saving for next year that's why it's really hard to think why Christmas is been attached with those. But maybe there are other cashing out but for sure they are not thinking about season since they regularly do it even if no season attached.
As holiday season is present this month of December, let's expect more digital to fiat cash conversion. Many people will have to do cash outs in order to enjoy their money, on several spendings. We can't control that situation, because it's a celebration worldwide except for those who doesn't celebrate Christmas season. Price goes down eventually, and will regain it's value starting the start of the year 2020 same with what's happening from the start of 2019.
Some believes that this holiday only happens once a year so spending and giving is a natural thing, as not everyone is always given a chance to spend holidays in their love ones, I'm guilty of cashing out too this holiday for a gift and to have food and gives to some important people. Will try to earn more next year as replacement in what I spend this holiday. 
This is not a single day that we experience dumping scenarios, in fact, it happens almost all the time.
All of these changes come from their market flows, demand, and supply issues. I believe no other factors that may affect this change.
All of these changes come from their market flows, demand, and supply issues. I believe no other factors that may affect this change.
None of these current prices are so low, we are still quite elevated in my view. Over the last five years Bitcoin grew alot to get here, the price has been alot higher but not stayed there but this does not make here a low especially.
The price going sideways anywhere over 5000 is quite bullish, thats always how I will view it. It might seem too quiet and dull but its for the best longer term that we make a stable base in order to also achieve the higher prices when interest peaks on Bitcoin and crypto generally. Whats really required is a large base and circulation of possible users to justify higher prices.
In terms of pure price action, there is nothing that negative going on especially and BTC gained over 2019 and disproved many critics even while pulling back this far. Dont be too disappointed, its not that likely to only move in one direction exclusively - mostly this is a question of patience and time imo.
The price going sideways anywhere over 5000 is quite bullish, thats always how I will view it. It might seem too quiet and dull but its for the best longer term that we make a stable base in order to also achieve the higher prices when interest peaks on Bitcoin and crypto generally. Whats really required is a large base and circulation of possible users to justify higher prices.
In terms of pure price action, there is nothing that negative going on especially and BTC gained over 2019 and disproved many critics even while pulling back this far. Dont be too disappointed, its not that likely to only move in one direction exclusively - mostly this is a question of patience and time imo.
Tell me why Bitcoin prices dropped a few days ago۔ Let me tell you what the reason was۔
As holiday season is present this month of December, let's expect more digital to fiat cash conversion. Many people will have to do cash outs in order to enjoy their money, on several spendings. We can't control that situation, because it's a celebration worldwide except for those who doesn't celebrate Christmas season. Price goes down eventually, and will regain it's value starting the start of the year 2020 same with what's happening from the start of 2019.
It is expected already to happen every month of December due to the holiday season coming in most of them are cashing out that's why Bitcoin price is drastically dropping. In my opinion I think it is best to gather or buy more Bitcoin and altcoins during this period because the market seems to go down low in prices. 
Bitcoin is an anonymous world, some like this thing while some not. Due to this anonymity, many bitcoin operations remain hidden. We can't say why it jumped up a few days back and now going back again. Apparently it looks like an artificial pumping by few big investors (whales). Such pumping and dumping have become an integral part of the crypto world.
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