Bitcoin is falling for so many reasons...
- People tend to panick selling each time there is a bad piece of news striking out. India, China, South Korea are kind of.. specialists on the matter!
- Prices always fall at the beginning of the year.
- The fall is being rather extensive because more and more governments are implementing regulations around cryptos.
- There are more and more people in the community, so more and more erratic moves.
Among others, of course. This is just a short list of the most obvious reasons coming to my mind!
There are lot of factors that affect Bitcoin and to the point that it's value fall. But these are only challenges Bitcoin faces through out the years. Upon entering 2018 Bitcoin experience a dramatic fall but little by little it is climbing in the chart. But not totally fall to the extent that it will not survive. Bitcoin is a survivor and we believe in that.