Topic: Why BTC is down again? - page 13. (Read 1434 times)
Bitcoin is still facing the correction process which is a result of price rally that took place in the last quarter of the last year. Traders/investors (especially big whales) prefer entry or exit through systematic investment plan so if they are expecting price to fall down in the coming month then they sell their some holdings daily instead of doing it in one shot.
manipulation + panic + FUD
and there are lots of newbies who wanted to get rich over night so they FOMO bought. now they are panic selling.
it is not BTC along others. it is BTC dropping then altcoins following it down with a nosedive.
and there are lots of newbies who wanted to get rich over night so they FOMO bought. now they are panic selling.
Why BTC along with all major cryptocurrencis are down today? Not heard any news to reasonate with this drop.
it is not BTC along others. it is BTC dropping then altcoins following it down with a nosedive.
Why BTC along with all major cryptocurrencis are down today? Not heard any news to reasonate with this drop.
Now there are too many reasons and it's hard to understand myself.
the first time this began, it was attributed to the korean FUD but they came out to say that they have no intent to ban cryptocurrency.
second was about the court case and that also turn out to be not the cause.
now the current news i heard was that, the fall is from the chinese holidays.
so if this is true, then we must expect growth after 14th Feb.
Why BTC along with all major cryptocurrencis are down today? Not heard any news to reasonate with this drop.
Jump to: